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Hello Vivianne, I'm Keith and happy to help you with your question.
However, I do need a trifle more data. There is a danger of mixing Income Tax and VAT as it stands at present.
Could you please expand upon 'claimable VAT on 2031 miles?' Also are you operating your business as self employed?
Once I have this information I will be able to assist you further.
I realise I can claim .45p per mile but only a percentage is VAT claimable against fuel. Not sure how to calculate that figure
Yes I am the sole employer of my company.
It is a limited company and I am its only employee, I have been let to believe if I use my car on company business I can claim VAT on at percentage of the .45 p for fuel
thank you I have kept all petrol receipts and mileage logs.
every website quotes a different figure for a 1400cc petrol engine so got confused.