What are simplified expenses and what do they cover?
October 27, 2021What are simplified expenses?
Working from home
Hours of business use per month | Flat rate per month |
---|---|
25 to 50 | £10 |
51-100 | £18 |
101+ | £26 |
Vehicle expenses
Vehicle | Flat rate per mile with simplified expenses |
---|---|
Cars and goods vehicles first 10,000 miles | 45p |
Cars and goods vehicles after 10,000 miles | 25p |
Motorcycles | 24p |
Living at your business premises
Number of people | Flat rate per month |
---|---|
1 | £350 |
2 | £500 |
3+ | £650 |