I notice that the Personal self-assessment provides box 17 to account for expenses.
As a Company Director who was reimbursed in full by the company for all of my expenses (and paid 45p/mile for my mileage) am I correct in thinking that I do not complete this section?
For clarification, am I correct in my understanding that this section is not to be completed by Directors but instead is provided for people who are trading on their own name to claim back expenses against tax or to claim back the difference in underpaid expenses? (i.e. 25p paid for mileage so 20p claimed).
As a Company Director who was reimbursed in full by the company for all of my expenses (and paid 45p/mile for my mileage) am I correct in thinking that I do not complete this section?
For clarification, am I correct in my understanding that this section is not to be completed by Directors but instead is provided for people who are trading on their own name to claim back expenses against tax or to claim back the difference in underpaid expenses? (i.e. 25p paid for mileage so 20p claimed).
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