Hi
Although my limited company is in the UK, I have long term contracts in France and Belgium. I travel back to the UK to be with my wife and kids every weekend.
My accountant says that the total travelling expenses we accumulate cannot be deducted but for every 1000 pounds maybe 19% can be taken off corporation revenu.
Is he right? Is this normal??? I get the impression that my accountant is working for HMRC.
I don't want to swindle HMRC, but I feel that the way the taxes are being done is totally unfair. My Corp Tax now is so high, I'm having trouble paying it.
Thanks,
CP
Although my limited company is in the UK, I have long term contracts in France and Belgium. I travel back to the UK to be with my wife and kids every weekend.
My accountant says that the total travelling expenses we accumulate cannot be deducted but for every 1000 pounds maybe 19% can be taken off corporation revenu.
Is he right? Is this normal??? I get the impression that my accountant is working for HMRC.
I don't want to swindle HMRC, but I feel that the way the taxes are being done is totally unfair. My Corp Tax now is so high, I'm having trouble paying it.
Thanks,
CP
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