As a small business, it is essential to find each and every source that could reduce the tax you might have to pay. One simple ways is to claim for when you use your car for business purposes. At the time of writing, in the UK you can claim 45 pence for each mile travelled up to 10,000 miles in the year, and then 25 pence per mile after that in the year. This might not seem much, but a simple 20 mile journey is worth £9 in saved tax.
But the problem is that we tend to forget to note when we start and stop our journeys, but there’s an app for that. In fact there are many apps for that. The one I am trying out at the moment is MileIQ from Microsoft. It only records miles travelled, but does so automatically using your location from your mobile phone.
I am trying it on an Android 7 mobile and so far it is looking good. The free version only gives you 40 journeys a month, but the paid for version is not expensive and could easily and quickly pay for itself.
One other app I tried was TripLog. This also allows you to also record bills and petrol etc which is useful. Sadly I found it was too erratic in its recording and it suggested I was wandering all over the country even when my phone was sitting on my desk. So sadly I gave it up and returned to MileIQ again.