Vehicle: Actual Expense or Mileage Expense Claim

Vehicle: Actual Expense or Mileage Expense Claim

by | Jan 22, 2023 | Tax

How do we and recognise and claim vehicle expenses as a tax-deductible expense is a question I often get asked by sole-trader/self-employed clients. To respond, there are two ways, By claiming mileage expenses (i.e. adopting simplified expenses) or By claiming actual...