jonathanparkins
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RE: Switching from petrol car to electric - Recording expenses
Reading through the link and especially this link within it https://www.gov.uk/simpler-income-tax-simplified-expenses/vehicles-, it says I can't use simplified expenses for dual controlled driving instructors car . "You can use simplified expenses for: cars (except those designed for commercial use, for example, black cabs, hackney carriages or dual control driving instructors’ cars)" So what can I do if I can't expense for home car charging and I can't claim per mile through simplified expenses? Thanks -
RE: Switching from petrol car to electric - Recording expenses
Thank you for your response, I've read about the 45p and 25p rates and there is also a rate for electric cars, does this only apply to employees using a company car? Also I'd like to clarify that the vehicle is not privately owned by me, I pay for it through a franchise fee to a driving school, can I still use the method you suggested? And lastly can I move to simplified expenses this tax year if I've not been using it for my previous car(saving fuel receipts etc.)? Thank you -
RE: Switching from petrol car to electric - Recording expenses
I might mean Simplified expenses rather than cash basis but I've read that can't be used for dual controlled driving instructor cars? Or is that just if you're purchasing it (Mine is provided by a driving school) -
Switching from petrol car to electric - Recording expenses
Hi I am a self employed driving instructor and have just switched from petrol to electric. Up to now I have used traditional accounting, keeping receipts from buying fuel and recording my private milage separately. I plan to do all my charging at home, the charger is capable of recording charging sessions although I have not got this working yet. How can I record expenses for charging? I am prepared to switch to cash basis next tax year but am I right in thinking I can't do that mid tax year? Thanks