Hi
Did a search and could not find the answer so here goes.
I work for a ltd company.
When going on business trips to a remote client site I (my ltd company) can invoice 40p per mile to the client (via the agent).
2 questions.
1. As employee I assume I can claim 40 pence per mile for business miles (as I am employee I need to get my fuel cost back on private car - under 10000 miles done in year) - this 40 pence is totally unrelated to what my ltd can charge to the agent / client.
2. As a Ltd issuing an invoice for 40p per mile + employee lunch and parking to the agent - can I add VAT to this?
I ask as I therefore assume if the answer to point 2 above is yes and as ltd is Flat Rate Scheme for every journey I as employee drive, the ltd makes a bit of profit on the invoice to the agent.
Cheers
Jon
Did a search and could not find the answer so here goes.
I work for a ltd company.
When going on business trips to a remote client site I (my ltd company) can invoice 40p per mile to the client (via the agent).
2 questions.
1. As employee I assume I can claim 40 pence per mile for business miles (as I am employee I need to get my fuel cost back on private car - under 10000 miles done in year) - this 40 pence is totally unrelated to what my ltd can charge to the agent / client.
2. As a Ltd issuing an invoice for 40p per mile + employee lunch and parking to the agent - can I add VAT to this?
I ask as I therefore assume if the answer to point 2 above is yes and as ltd is Flat Rate Scheme for every journey I as employee drive, the ltd makes a bit of profit on the invoice to the agent.
Cheers
Jon
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