Hi, I am a Owner/Director in my own Limited small company. I only earn 600 euro a week at the moment before tax, but have huge expenses to do with my car. I pay my own tax, insurance,
service expenses etc. I travel about 700 kms per week - but only claim a tank of petrol as dont know what else to claim, its my own car bought in 2007 value 32,000 euro. I do claim 15 euro a day meal allowance x 5 days. I pay tax on my wage of 600 euro and I have a home office as well with everything computer etc paid personally for by me. I have been running the Company for 4 years now and dont know if I am on the right track with regards to my expenses and what I am allowed. Thanks for any help in advance.
service expenses etc. I travel about 700 kms per week - but only claim a tank of petrol as dont know what else to claim, its my own car bought in 2007 value 32,000 euro. I do claim 15 euro a day meal allowance x 5 days. I pay tax on my wage of 600 euro and I have a home office as well with everything computer etc paid personally for by me. I have been running the Company for 4 years now and dont know if I am on the right track with regards to my expenses and what I am allowed. Thanks for any help in advance.