I'm a sole trader, am i able to claim my petrol expenses?
Tuesday, December 21st, 2010
I have looked on the Inland Revenue website but couldnt find anything.
Wednesday, February 2nd, 2011
If you use your vehicle for work related travel then you can claim a tax relief on these miles.
The first 10,000 miles can be claimed at 40 pence per mile and each subsequent mile has a tax relief of 25 pence.
Remember you can not claim any personal travel and you should make a note of any business related mileage that you do.