Vehicle exp - clarification required please.
Anne Boleyn
Registered Posts: 195 Dedicated contributor 🦉
Hi everyone,
My question is concerning vehicle expenses. I know there are two options in claiming expenses, either 40p/25p or % of receipts but somewhere down the line I was told that if you claimed one way you couldn't change it unless or until you changed your car. Is this true or was it a dream ?
If anyone knows I would appreciate any guidance.
Thanks in advance.
My question is concerning vehicle expenses. I know there are two options in claiming expenses, either 40p/25p or % of receipts but somewhere down the line I was told that if you claimed one way you couldn't change it unless or until you changed your car. Is this true or was it a dream ?
If anyone knows I would appreciate any guidance.
Thanks in advance.
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Comments
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Yes, once you choose either the ppm or the apportionment basis, you have to stick with it until you change your vehicle.0
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Faerie9
Thanks. Glad to know I wasn't dreaming.0 -
You weren't - but don't ask me to find the chapter and verse, as I haven't a clue!:001_tt2:0
