What expenses can I claim
Last updated: 24 May 2022- Petrol or diesel costs (or mileage allowance)
- Vehicle insurance (or mileage allowance)
- Repairs, servicing and maintenance (or mileage allowance)
- Road tax (or mileage allowance)
- Insurance (sickness and/or income protection/public liability)
- Escort fees (E.g. School contracts)
- Cleaning & valeting
- Interest on a loan to purchase your vehicle
- Vehicle lease (full amount)
- Licensing and test fees
- Breakdown or recovery membership
- Radio hire/circuit fees
- Meter
- Tariff change
- Accountancy fees (including this App)
- Subscriptions (trade associations/magazines)
- Clothing (uniforms, branded or protective clothing only)
- Phone, mobile, fax and internet bills
- Passenger extras, (sweets & water)
- Parking & tolls
- Advertising
- Use of your home (min allowance is £208)
- Computer software
- Printing
- Products or materials you require to carry out your work
- Tools for your trade
- Business travel - train, bus, air and taxi fares
- Hotel rooms
- Meals on overnight business trips
- Training Courses (refresher courses or CPD)
Need to check if you can claim an expense?
See the full list at .GOV.UK website
PRO or PREMIUM Plans only:
Email - [email protected]
Phone - 07551 530063
Vehicles
Capital Allowances (depriciation) can also be claimed for the cost of the vehicle. The rate is 18% for vehicles with CO2 emissions below 130g/km, and 8% for vehicles with CO2 emissions above 130g/km.
An alternative to claiming the vehicle running costs is Mileage Allowance which is currently 45p per mile for the first 10,000 miles and 25p per mile thereafter. Mileage Allowance already includes a depreciation allowance (capital allowance) for the vehicle. You can't claim depriciation if you are using Mileage Allowance method.
The monthly (interest only) amount on any loan to purchase the vehicle can be claimed in addition to the mileage allowance; this should be entered as an expense, click on the red "+ Expense" button.