Car expenses and mileage

[Nickie@Nailmania-Limited]

Hi

As I have just started operating on a mobile basis. I advice on what I need to do in relation to my car expenses.

Mileage.
Insurance
Car Tax
Repairs and servicing etc

What do all you Mobile Nail technicians and Beauticians do in this respect?

I am keeping a note of where my mileage was when I started visiting my clients at the weekend.

Any advice really gratefully received.

Toodle pip ...

 

[cherrybaby]

There are some great help sheets regarding car expenses on the HMRC website. That's probably the best place to start.

 

[Baggybear]

The easiest way is to claim 45p per business mile (to & from clients, trips to hair/beauty shows/events, to & from courses, to wholesalers etc..).

This 45p covers everything car related: petrol, insurance, mot, wear & tear etc... so you just work out how many work miles you did and times it by .45 to get your car allowance.

There are 2 ways to work out your mileage for the above method:
1) Write down the mileage off the car before & after EVERY time you use your car (both personal use & business use needs to be recorded for this method).
2) Use a route planner like AA or RAC to put in your start postcode and your end postcode for each trip you do/did and then write those miles down in your accounts.