Hi
I'm afraid that I'm new to the whole Ltd Company thing as I have always worked under an Umbrella before and to complicate things this contract involves travel paid for by the client.
I am having to claim expense incurred for travelling from my client- they have requested I travel to another office (that has no car park!) as required.
Can anyone please confirm for my piece of mind that the 40p per mile allowance is inclusive of VAT so in order to claim I do as follows:
160* 0.4 = £64.00 so VAT is £9.53 and Net is £54.47
Also do I need to deduct VAT from Car Parking charges?
Thanks for your help!
I'm afraid that I'm new to the whole Ltd Company thing as I have always worked under an Umbrella before and to complicate things this contract involves travel paid for by the client.
I am having to claim expense incurred for travelling from my client- they have requested I travel to another office (that has no car park!) as required.
Can anyone please confirm for my piece of mind that the 40p per mile allowance is inclusive of VAT so in order to claim I do as follows:
160* 0.4 = £64.00 so VAT is £9.53 and Net is £54.47
Also do I need to deduct VAT from Car Parking charges?
Thanks for your help!
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