I just charge business use of my vehicle to my sole trader business at 45p per mile (I must check or someone can advise the hmrc's rate has increased)What about if the van is owned by the sole trader as a private vehicle not through the business
That would be correct Dave..... private motor insurance won't cover business use . Hence in reality , if I went out to a job in my car , I'd be un- insured .According toGo Compare-unless the vehicle is strictly for personal use,you need a form of comercial van insurance.
https://www.gocompare.com/van-insurance/business-or-private/
That would be correct Dave..... private motor insurance won't cover business use . Hence in reality , if I went out to a job in my car , I'd be un- insured .
Yes my accountant told me that in theory , living in Birmingham , I could claim for a sausage sandwich & a kipper tie in , say , Walsall, Aldridge, Solihull , doesn't have to be miles away .It’s amazing what you can claim for “entertaining clients” :Y
Good points, I think the points are that if you have a vehicle to use for work ie business then your insurance policy should reflect this accordingly as its being used for differing things. You can't just use a vehicle for both and have insurance only for say private etc.That is not strictly correct you can have personal car insurance that can also cover you for using your vehicle for business / professional use. Standard domestic car insurance includes social, domestic, pleasure and traveling to/from a place of work, (so you can drive your own car to get to work). In the same context a self employed person can have personal cover that allows them to drive to/from multiple work locations during the day in the course of their business. e.g. an electrician or plumber using an estate car/SUV type vehicle to visit numerous customers during the working day is no different to a mobile hairdresser using her/his own car to travel to clients homes whilst undertaking self employed business. But this has to be a dedicated driver, (not a pool vehicle), and not used for things such as haulage / parcel delivery, Taxi services, Work locations must be physical addresses, i.e. mobile roadside breakdown services excluded and I think building sites without existing functional premises with a royal mail recognised postcode are also excluded. (Not sure if Vans can be permitted into this category, but standard domestic cars can definitely be insured to include dedicated business use by a sole trader.
Doc H.
Yes my accountant told me that in theory , living in Birmingham , I could claim for a sausage sandwich & a kipper tie in , say , Walsall, Aldridge, Solihull , doesn't have to be miles away .
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