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Hello All
Just wondering what the best way is to record the mileage i do in my car for the business ! I only use my car in the week for my childminding so have been writing down the mileage at the end of each day and claiming that back is this ok? or should I be recording in more detail? how do you recrod yours?
Thanks
Michelle
I record where we went, how many miles it was and therefore the total cost (mileage x 40p/mile)
I could be wrong but I thought it had gone up to 45p per mile?
Thanks Jelly! I've just checked and yes it went up from 6th October to 45p per mile! Woohoo!
It actually went up to 45p from April this year.So starts for the tax year 2011-12Quote:
Originally Posted by butterfly
Rickysmith is right it was April 2011 that it went from .40p to .45p
To answer your question I was told by the HMRC that you need to be able to do the route so in my accounts I put hme-HL School-hme-tesco-hme-HL - blunsdon school-hme
I keep an individual record of what mileage is for the everyday trips and then add it up at the end of the day.
Thank you everyone now i'm on the right track.
:)
Oh lord i heard something today about the mileage going up but didnt realise it was April, thats a lot of backtracking to do..sigh!!