Claiming Mileage and Subsistence as an Independent Professional Contractor in 2022
With fuel prices reaching an all-time high, what better time to ensure our clientele and the wider Contractor Community are fully aware of what mileage and travel costs can be reimbursed as a business expense - let's jump in! When can I claim business mileage? Where Contractors use their private cars or motorcycles for business purposes, claiming mileage is considered an allowable business expense. It is important to be aware that Contractors are not entitled to claim mileage to and from their homes and their normal place of work (and vice versa). Only mileage relating to business journeys away from your normal place of work are considered allowable. What is my ‘normal’ place of work? The normal place of work is the location where the majority of your work is carried out. It is important to note this is not limited to the location specified on a contract, but other factors may also have an impact. As a contractor, where possible this should be stated...