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Dear sir,
I was wondering if approved mileage allowances are to be found anywhere other than when a person uses his own car for property business and when an employee uses his own car for employment related travels. Any other instance where we would have to use AMA?
Thank you!
Hi,
I would like to add one more.
Where cash basis for small business applies, purchase cost of car, running costs, disposal proceeds are all ignored and AMA is used to claim deduction against trading profits.Regards
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