aj12345
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Own vehicle for freelance work - how to declare milage paid by company
Hi! Over the last year I have used my own vehicle for various freelance contracts (under 10,000 miles) - I have been paid milage by the companies at a rate of 25p per mile (less that the allowable taxable rate of 45p per mile). How do I put this in my return? Do I put the 25p per mile payment to me as income and then expense at 25p per mile? Or expense at 45p per mile? Thanks