Vehicle insurance

Vehicle insurance can be claimed where you are claiming actual running costs of a business vehicle, but not if you are using the mileage method.

Sole traderPartially allowable
Ltd companyConditional
EmployeeConditional

Conditions

  • If you claim actual vehicle running costs, the business proportion of insurance can be included.
  • If you use the approved mileage rate, insurance is already covered by that rate and is not claimed separately.
  • A company car has its own rules and possible benefit-in-kind implications.

Common mistakes

  • Claiming insurance separately while also using the mileage method.
  • Claiming the full premium on a vehicle with significant private use.

What to keep

  • Insurance schedule and a basis for the business proportion.

Real-world example

A sole trader who claims actual running costs for their van includes the business proportion of the van insurance. A different trader using the mileage method does not claim it separately.

Frequently asked

Can I claim vehicle insurance and mileage at the same time?
No. The mileage method already accounts for insurance and running costs, so you choose one method or the other for a given vehicle.

Not sure how this applies to you?

The rules shift with your circumstances. A qualified accountant can confirm what you can claim and handle it for you.

Find an accountant

Related allowances

Source: HMRC guidance · Last checked 2026-03-01

This page is general information based on HMRC published guidance, not tax advice. Status shown is a plain-English summary — your own position can differ. Always check the HMRC source above and speak to a qualified accountant before making a claim.