HOW TO CLAIM MILEAGE FROM YOUR LIMITED COMPANY
Wondering how you actually claim mileage from your Limited Company?
In this video Dan runs through how to do this.
Topics include:
Tracking mileage for business
Xero
QuickBooks
Expenses Apps
How to enter a journal
How to enter mileage into your accounting records
How tax deductions on mileage work
How to pay yourself mileage
… and more!
If you have any questions or thoughts on this, please comment below.
Useful blog on travel costs: https://www.heelanassociates.co.uk/ha...
00:01 Intro about business travel
02:20 How to log your miles
03:49 What can you claim
05:00 How to claim mileage
07:49 Why it's not free money
09:24 Recap of the steps
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Note: As always, these videos are educational and should not be considered financial advice. Seek professional advice on your specific situation.