Mileage and Home Office: Simplified Expenses
TL;DR
- Simplified vs actual expenses
- When each method wins
Mileage method
- Rates and what counts
- Logs and evidence
Actual costs method
- Fuel, insurance, repairs
- Business proportion
Home office
- Simplified flat rate
- Proportion of bills
Switching and consistency
- Year-on-year choices
- Audit-proofing