Dear Dexxter community,
I am new to the self-employed journey and one cost I expect is the km allowance for professional purposes. My questions:
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Do I report the trip at the current 0.36 per km every day? Weekly? Monthly? (I expect to travel 2-3 days per week with the bike)
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Does the bicycle allowance count under both flat-rate and normal expense systems?
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Finally, in practice for self-employed people these allowances are not paid by clients – rather they are a deductible from our personal income?
Thanks a lot!