Good news! If you’re one of the UK’s many self-employed workers who work from home, you can claim some of the cost of running your home as a business expense, which will save you tax!

Here’s how to work out how much you can claim……….

If you use your personal vehicle for business journeys, you can include the cost of the mileage incurred in your accounts, therefore saving you tax.

What is business mileage?

Business mileage relates to any mileage incurred whilst carrying out your business. It should be wholly and exclusively for the business. So, if you go shopping with friends, but pop into the bank whilst there, that mileage isn’t solely for the business and isn’t allowable.