Hi.
This probably should go to similar threads about what's appropriate use of a company expenses and what's not, but let me explain:
I use a bicycle to commute to work almost everyday and, to be honest not much else. So it really is a valid business expense, on top of that, I save company's money by not spending money on fuel or rail/bus tickets. It also is one of the fastest means to get to the client's office. So:
a)can I claim a new bicycle under company expenses?
b)can I claim parts & servicing?
c)can I claim mileage (I think it's 10p/mile) - not much but still
Why would you, or more importantly HMRC see any wrong in doing so?
Even if I occasionally use the same bicycle on weekends for my personal/private use, it is still far outweighed by my 'professional' use.
This probably should go to similar threads about what's appropriate use of a company expenses and what's not, but let me explain:
I use a bicycle to commute to work almost everyday and, to be honest not much else. So it really is a valid business expense, on top of that, I save company's money by not spending money on fuel or rail/bus tickets. It also is one of the fastest means to get to the client's office. So:
a)can I claim a new bicycle under company expenses?
b)can I claim parts & servicing?
c)can I claim mileage (I think it's 10p/mile) - not much but still
Why would you, or more importantly HMRC see any wrong in doing so?
Even if I occasionally use the same bicycle on weekends for my personal/private use, it is still far outweighed by my 'professional' use.
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