Can sole traders claim travel and subsistence expenses ?

Can you claim tax free travel and subsistence?

Mileage and subsistence schemes are for employees only, a sole-trader can only claim a percentage of all motor expenses (all running costs – petrol & diesel, repairs, insurance & motor tax) and travel expenses (hotel, train). You will need to keep all the receipts for these costs.

The amount you can claim is the business element of the overall costs. Be realistic, Revenue are not going to believe that you use your car 100% of the time for business. Business mileage does not include travel from office to home or vice-versa.

Any queries on same give me a call on 091 763817 or email me at oliver@taxreturnhelp.ie