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Taxopedia  ›  F  ›  Flat rate expenses
F · Glossary

Flat rate expenses

HMRC-set fixed amounts for common expenses — easier than tracking actuals.

Flat rate expenses are HMRC-set fixed amounts you can claim instead of actual costs. Examples: mileage at 45p/mile (first 10k), home-working £6/week, simplified expenses for sole traders.

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