Business Tax

mileage-apps

Mileage App’s

If you use your own car for business purposes, excluding usual commuting, you should keep a log of miles undertaken so that you can claim tax free expenses back from your company, which in turn gets corporation tax relief on the payments.

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Is my furnished letting furnished?

At first glance this may appear a somewhat silly question. However, when it comes to claiming a tax allowance which is based on a property being furnished, an understanding of how much furniture is required to satisfy the “furnished” test is important.

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