{"id":48,"date":"2008-09-12T08:52:25","date_gmt":"2008-09-12T08:52:25","guid":{"rendered":"http:\/\/www.propertyportfoliosoftware.co.uk\/blog\/2008\/09\/12\/travelling_expenses\/"},"modified":"2008-09-12T08:52:25","modified_gmt":"2008-09-12T08:52:25","slug":"travelling_expenses","status":"publish","type":"post","link":"https:\/\/www.propertyportfoliosoftware.co.uk\/blog\/travelling_expenses.html","title":{"rendered":"Travelling Expenses"},"content":{"rendered":"<p>Directors may incur <strong>expenses<\/strong> when on the company\u2019s business.  Most travelling expenses involve the cost of running a car.<\/p>\n<p>It used to be a good <a href=\"http:\/\/www.property-tax-portal.co.uk\/pay_less_property_tax.shtml\">tax planning<\/a> idea to have the company own a car and allow the director to use it for both business and private purposes, as the <a href=\"http:\/\/www.property-tax-portal.co.uk\/cut_your_property_tax_bills.shtml\">rules<\/a> for taxing directors on their private use of a <em>company car<\/em> were very generous.<br \/>\n<!--more-->These rules have been made progressively more punitive over the years and it is now very unlikely to be beneficial for a director who also owns the company, to have a company car.<\/p>\n<p>There is no substitute for <a href=\"http:\/\/www.property-tax-portal.co.uk\/tax_advice_and_consultancy.shtml\">doing the figures<\/a> for the individual director and car, but it nearly always turns out that he will be better off owning the car privately and charging the company for his business mileage.<\/p>\n<p>Our range of <a href=\"http:\/\/www.propertyportfoliosoftware.co.uk\/\">property management software<\/a> can help you record all expenses associated with your property business.  <a href=\"http:\/\/www.propertyportfoliosoftware.co.uk\/landlords_property_manager_professional.prod.html\">Landlord&#8217;s Property Manager Professional<\/a> includes the unique <strong>Income Tax Calulator<\/strong> module.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Directors may incur expenses when on the company\u2019s business. Most travelling expenses involve the cost of running a car. It used to be a good tax planning idea to have the company own a car and allow the director to &hellip; <a href=\"https:\/\/www.propertyportfoliosoftware.co.uk\/blog\/travelling_expenses.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,6,7,8],"tags":[],"class_list":["post-48","post","type-post","status-publish","format-standard","hentry","category-property_investment","category-property_management","category-software","category-property_tax"],"_links":{"self":[{"href":"https:\/\/www.propertyportfoliosoftware.co.uk\/blog\/wp-json\/wp\/v2\/posts\/48","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.propertyportfoliosoftware.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.propertyportfoliosoftware.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.propertyportfoliosoftware.co.uk\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.propertyportfoliosoftware.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=48"}],"version-history":[{"count":0,"href":"https:\/\/www.propertyportfoliosoftware.co.uk\/blog\/wp-json\/wp\/v2\/posts\/48\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.propertyportfoliosoftware.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=48"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.propertyportfoliosoftware.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=48"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.propertyportfoliosoftware.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=48"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}