Should you use simplified expenses?
6th August 2026
The flat rate expense you can claim for business journeys if you’re self-employed has increased to 55p per mile. But can you use ‘simplified expenses’ for motoring costs and is it more tax efficient to do so? Associate Kirsten Hancock explains. What are simplified expenses? ‘Simplified expenses’ are flat-rate deductions offered by HMRC for self-employed...
