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Post Info TOPIC: Public transport expenses...?
KBS


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Public transport expenses...?
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My client uses public transport to visit his clients regularly. He tops up his oyster card and can provide a statement showing top ups and journeys made. He has said that he uses the Oystercard 50% for personal use and 50% for business. 

 

Can I treat this like I would a telephone bill by just calculating the amount of top ups he has made and charging 50% to the company or do I need to literally get him to tell me what each journey was for?!!



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If he says it is 50/50 then put 50% through.

If HMRC ever asks about it then he will need to be able to justify it.  Let him know that.

Mark



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Mark Stewart CA

http://stewartaccounting.co.uk/

Providing accounting, bookkeeping, payroll and tax services to small and medium sized businesses across Central Scotland and beyond.

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