Previous years expenses?

[325i]

A colleague of mine is struggling with some expenses and needs a few things clarifying.

He is a ltd company and takes a small salary and rest is dividends.

Issue is he has not taken any mileage expenses for the last few years. Question is, is he able to claim previous years mileage? He mentioned he needs a P87?

Thanks

[northernladuk]

Why does your friend not have an accountant?

[GhostofTarbera]

Claim from who exactly?


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[Old Greg]

Claim from who exactly?


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Tax relief, claimed on self-assessment for last 4 years. Possibly.

[325i]

Why does your friend not have an accountant?

Agree completely!!

Tax relief, claimed on self-assessment for last 4 years. Possibly.

Yes this exactly. Basically tax relief for the previous years. Do you think he can?

[Scruff]

A man who has himself for a client, is the biggest fool...

Engage an Accountant FFS!

[325i]

Any further comments on this to whether he can claim back precious tax relief?

[Old Greg]

Yes this exactly. Basically tax relief for the previous years. Do you think he can?

Probably, yes.

[325i]

Probably, yes.

Thanks. Why do you probably? Is there a risk?

So is by using P87 or a different process?

[Old Greg]

Thanks. Why do you probably? Is there a risk?

So is by using P87 or a different process?

Probably because I'm not an accountant.

Ask an accountant or Google it and try to work it out.