The most valuable thing in our life is time. In the present day rhythm, it is so important to keep up always and everywhere. We understand why perfectly, so we suggest you never to postpone important trips ?for later? Такси Николаев , but to dial the Nikolaev taxi number and be in the proper place at the proper time.
Our service Nikolaev taxi is a city carrier that provides you its cars around the clock. One of our main advantages is really a wide price range. You can order a comfortable VIP-class car or save your valuable budget by hitting the road on an inexpensive economy option.
You will be satisfied with the caliber of services, because our taxi employs experienced drivers and polite dispatchers. Your order will be accepted accurately, a clean car with a heater, air-con, no cigarette odor will undoubtedly be quickly sent to you, and safely sent to your destination.
Taxi Running Costs
When completing the self assessment tax return taxi drivers should enter fuel prices in box 3.46 cost of sales not motoring expenses. A standard check completed by any competent inland revenue inspector enquiring into a self assessment tax return would be to check when the taxi driver was on holiday and examine if fuel receipts have been included for this period.
Not many tax returns are enquired into because the system is situated upon trust but taxi drivers should ensure their accounts usually do not contain this fundamental tax fiddle. Taxi running costs also include repairs, servicing and parts including tyres, road tax, taxi insurance and AA/RAC membership. Include radio hire and taxi office costs in general administrative expenses.
If you run your taxi home-based business it is possible to claim a proportion of household expenses as business expenses in the taxi accounts. Household expenses will tend to be disallowed unless they are either specific to the business or a specific area of your home is devoted entirely to your taxi business. Using section of a room part time would not be sufficient to include family members expenses in the taxi driver accounts.
It is possible to claim expenses for partners who work with your taxi business and payments around 100 pounds per week would not attract tax or national insurance however any payments claimed in the taxi driver accounts should be real payments for real work done. The Revenue naturally adopt a strict view on taxi expenses claimed for partner are it is an area some individuals might use to reduce the tax liability. Care is required to justify the partner being an expense.
Enter all business expenses in a named expense box on the self assessment tax return. Avoid entries in box 3.63 Other Expenses if possible as any significant amounts in this box can provide rise to an Revenue enquiry into the self assessment tax return.
The best method of ensuring the taxi drivers tax bill is as low as possible in the future is undoubtedly to meticulously maintain good records of most taxi receipts and expenses and mileage covered which offers the opportunity for taxi drivers to compare the taxi running costs against mileage allowances and choose the most tax efficient option. The decision to claim mileage allowance or taxi running costs can and frequently does change during the financial year.
In general when a more costly taxi cab is purchased then the capital allowance of 3,000 pounds will most likely outweigh the potential mileage allowance although if the vehicle is low value the mileage allowance may be the best option and a way of saving valuable tax pounds that you are entitled to. The best taxi accounting software will automate the comparison of taxi mileage allowances with taxi running costs doing the taxi accountants work for you.