Claiming Day to Day Expenses

It’s easy to make mistakes with business expense claims.

Our advice would be to pay for day-to-day expenses on a personal credit card and then claim back personal expenses from the business once a month. This way you can get advice from your accounts team on anything exotic before it is brought into the business accounts. Avoiding the sort of messy P11d benefits and dubious expense claims HMRC hate to see. Read our expenses guides for details of individual expense items. We’d recommend mileage claims are reimbursed monthly this way too.

Best practice: No matter what the payment method, you should always get a receipt and try to have it written to your business whenever it is practical to do so.