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Paying for fuel with a business account

LD
2024-03-24

Question

Dear

I was wondering if I can pay my fuel costs entirely through my business account. Of course, I also use my car privately, hence the confusion. Can I pay with my business account or do I have to pay with my private account and then book 20% of it as business expenses?

You can pay for this with any account, you can always claim these expenses

It's up to you, as a sole proprietor you are not required to pay for everything with a business account. It is best to do this, as it keeps your private account separate.(In the event of an audit, you can then easily give the auditor access to your business account without having to worry about any irregularities being found). You can indicate yourself how much of each invoice or receipt is for professional use when entering it in your accounts.

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