Hello
I have a 12 month IT contract and travel from my home to the clients office twice a week and work from home 3 days per week
For those two visits per week I cycle 12 miles and get a train costing £39.40 or can drive the 120 miles which works out as the following
12 miles cycle = £2.40 + train ticket £39.40
Or £54 (0.45p x 120 miles) + parking
When buying the ticket I prefer to use cash so was wondering how I can get reimbursed for the travel
Withdraw cash from the company account
Pay from my own cash and do a bank transfer weekly/monthly to cover the costs
Are there any HMRC rules I would breach with the above?
Thanks
Bob
I have a 12 month IT contract and travel from my home to the clients office twice a week and work from home 3 days per week
For those two visits per week I cycle 12 miles and get a train costing £39.40 or can drive the 120 miles which works out as the following
12 miles cycle = £2.40 + train ticket £39.40
Or £54 (0.45p x 120 miles) + parking
When buying the ticket I prefer to use cash so was wondering how I can get reimbursed for the travel
Withdraw cash from the company account
Pay from my own cash and do a bank transfer weekly/monthly to cover the costs
Are there any HMRC rules I would breach with the above?
Thanks
Bob
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