Master The Art Of Taxi Services With These 6 Tips
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 this perfectly, so we suggest you not to postpone important trips ?for later?, but to dial the Nikolaev taxi number and be in the proper place at the right time.
Our service Nikolaev taxi is really a city carrier that offers you its cars night and day. Among our main advantages is a wide price range. You can order a cushty VIP-class car or save your valuable budget by hitting the street on an affordable economy option.
You will be satisfied with the quality of services, because our taxi employs experienced drivers and polite dispatchers. Your order will undoubtedly be accepted accurately, a clean car with a heater, air conditioning, 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 costs in box 3.46 cost of sales not motoring expenses. 輪椅的士電話 completed by any competent inland revenue inspector enquiring into a self assessment tax return is always to check when the taxi driver was on christmas and examine if fuel receipts had 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 likewise incorporate 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.
In the event that you run your taxi business from home you can claim a proportion of household expenses as business expenses in the taxi accounts. Household expenses are likely to be disallowed unless they are either specific to the business or a specific section of your home is devoted entirely to your taxi business. Using part 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 up to 100 pounds per week wouldn’t normally attract income tax or national insurance however any payments claimed in the taxi driver accounts must be real payments for real work done. The Revenue naturally adopt a strict take 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 when possible as any significant amounts in this box can provide rise to an Revenue enquiry in to the self assessment tax return.
The best method of ensuring the taxi drivers tax bill is as low as possible in the future is without a doubt 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. Your choice to claim mileage allowance or taxi running costs can and often does change through the financial year.
In general when a more expensive 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 do the job.