Bank statement as proof of travel
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    Default Bank statement as proof of travel

    Hi all. I'm new here so please accept my apologies if this subject has been settled on here before.
    I'm a self employed public sector worker (limited company) and can claim travel against my tax. Now, I've been using my debit card to travel to and from work in London, using the station tap in system . I assumed I could use my bank statements as proof of travel should I be audited - states the date and cost of journey. Can anyone confirm if this is ok?

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    eek
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    How long have you lived and worked in London?
    merely at clientco for the entertainment

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    What's your IR35 status?

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    Your accountant should.
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    Quote Originally Posted by northernladuk View Post
    Your accountant should.
    What's the point of an 'accounting / legal' section if the stock answer is 'talk to your accountant / lawyer'.

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    Quote Originally Posted by Scratch It View Post
    What's the point of an 'accounting / legal' section if the stock answer is 'talk to your accountant / lawyer'.
    Because one you pay for professional advice, the other is populated by contractors who don't have much of a clue. You might, if you are lucky, get half a response from an accountant type that is willing to spend his time for free.

    Who do you think would be best to speak to first? It's likely when speaking to your accountant they will ask the relevant information first and probably educate on other elements of the question you are asking as well. We just get drip fed an attempt an answer based on that.
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    Quote Originally Posted by Scratch It View Post
    What's the point of an 'accounting / legal' section if the stock answer is 'talk to your accountant / lawyer'.
    Because we have already noticed 2 things missing in the OP's question that show the information we've been given is incomplete.

    1) based on the tax bit in the OPs question I think the answer is (assumption) He is inside IR35 so should be paying for travel out of taxed income.

    2) based on the fact its London he's probably been heading into central London for over 2 years (assumption) 2) travel will have to be paid out of taxed income,

    however both the above are answers are based on assumptions I'm having to make as the OP hasn't answered those questions...
    merely at clientco for the entertainment

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    Bank statements are fine as proof of expenses as long as it's identifiable what you've paid for. In the case of travel it should be.

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    You can register your debit card on the Oyster website and set your account up so they email you a CSV/pdf every month with your journeys.

    I actually used the journey email when one client disputed the days I had worked.
    "Youíre just a bad memory who doesnít know when to go away" JR

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    I asked my accountant the same question and he said it would be fine as the expense was clearly identifiable. I think you can also register an a card with TfL and get a journey history which would support any claim.

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