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self assessment

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royzart | 20:30 Sat 19th Mar 2011 | Business
4 Answers
Hi...does anyone know how to apportion
business/private use of my vehicle i use for
self employment...currently it is 80/20 in favour
of business,but how do i write back
regards
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I'm not sure what you mean by "write back"
11:41 Sun 20th Mar 2011
Do you not have an accountant?
http://www.hmrc.gov.u...ax/relief-mileage.htm
I'm not sure what you mean by "write back"
Question Author
no....my tax affairs are fairly straight forward
roughly 12000 a year but this will be my first assessment
accounting period 5/8/10 to 5/4/11 im sure i could do it
with the right information
thank you
HMRC advised me that only 40% gas expenses could be claimed by me. e.g. 40% At £1,000, divide by 5 and multiply by 2 comes to £400 to be claimed. That's worked for me.

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