
Simplified Expenses for UK Sole Traders: How Flat Rates Work
In short: HMRC's simplified expenses let UK sole traders, and partnerships with no limited company partner, claim flat rates instead of actual costs, most commonly a rate per business mile and a monthly amount for working from home based on hours worked. Limited companies can't use them, you still keep a mileage or hours log, and the current rates are on gov.uk.
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