As a contractor, freelancer or small business owner, it's important that you make the most of what you can claim-especially as the trips you make can add up over time. Here's an example: if you make a 25-mile round trip twice a week, it adds up to 2,400 miles a year. That's £1,080 that you can as deduction against your business revenue.
To learn more, read our guide on how to claim business mileage.
<p>As a <a href="https://goforma.com/contractors" target="_blank">contractor</a>, freelancer or small business owner, it's important that you make the most of what you can claim-especially as the trips you make can add up over time. Here's an example: if you make a 25-mile round trip twice a week, it adds up to 2,400 miles a year. That's £1,080 that you can as deduction against your business revenue.<br></p><p>To learn more, read our guide on <a href="https://www.goforma.com/tax/claim-business-mileage" target="_blank">how to claim business mileage</a>.</p>
%20(1).webp)
Get a free accounting consultation to discuss your company accounting needs
Book a free 20 minute call with an accountant to talk though starting, registering or switching your company.
- Book a time online instantly
- Registering for VAT
- Self assessment
- Sole trader vs limited company
- Dividends and personal tax
- Registering your company
.webp)