If you travel on business, you can claim tax relief. This could be tax relief on buses, trains, planes, or from using your own car. watch our video for some handy hints and tips.
If you travel using some sort of public transport, you should keep receipts for any expense incurred. That would also be the same for hotels while you’re away.
If you do lose your receipt, you can still claim the tax relief. However, you should have some evidence you’ve paid it. Perhaps it’s on your bank statements or credit card statements.
In order to claim the VAT back on hotels, you would actually need the invoice.
What about mileage?
A common way of getting tax relief on business travel is by claiming a mileage allowance.
If you use a private car, ie one that isn’t owned by the business, this is 45 pence per mile for the first 10,000 miles in each tax year, and 25 pence per mile after that.
What evidence do you have to keep with your mileage?
HMRC like you to have something external that proves the annual mileage of the car. For example, the mileage noted in your service log book or on your MOT.
You should then have a detailed business mileage log. Now, you can do this in whatever format you want – it could be paper records, it could be Excel, or it could be a mileage tracking software.
It should be something that can be backed up by your diary, if ever needed by HMRC.
But, to make sure you can claim tax relief on your mileage and on any other expense you do incur when travelling with work, you should always keep detailed records.
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