Tax Data

Help & Advice

Actual costs - running expenses

To make a claim for actual costs you add up all your outgoings for:

• insurance

• fuel

• road tax

• maintenance

• service

• subscriptions.

You then apply the business percentage to the total.

Capital costs. – The claim for the actual cost of the vehicle (known as capital allowances) is now based on the list price and the level of carbon emission. You should be able to get this information from the manufacturer’s website. The Revenue’s directions on how to claim can be found here. For vans you can usually claim 100% in the first year.