Any tax related information is meant as a reference only.1
A record of all business mileage undertaken by employees. The log should include dates of each journey, start and end locations with postcodes, companies or clients visited, the starting and closing mileage, and total business miles driven.
For companies, keeping an electronic vehicle log book gives great peace of mind: it helps ensure that employee benefits are taxed accurately, so as to avoid penalties from HM Revenue and Customs (HMRC).
An electronic vehicle log book is also a huge advantage for your employees. It provides proof when they use a company vehicle for business purposes, lowering their tax burden.
With the aid of an electronic mileage log, companies and drivers could be able to: