Industry sector: Transport

Limousine hire: Motor and travel expenses

Motor expenses

Enter in your cash flow forecast the cost of running your limousine/s. But don't include here:

  • the cost of the vehicle itself - you will include that in 'Capital expenditure' or 'Leasing payments'
  • your fuel costs - include these in 'Payments to creditors' or 'Cash purchases'
  • the cost of licences - include these in the 'Licences' entry in the cash flow
  • insurance

Do include here expenditure on running costs such as:

  • servicing and repairs
  • replacement brake pads, tyres, exhausts and so on
  • road tax
  • tolls and ferries
  • valeting fees (if you use a valeting firm to clean your limousine/s on a regular basis)

Travel expenses

Travel expenses include all the other expenses incurred on business travel that is not made by car. These might include:

  • public transport
  • hotel expenses
  • subsistence

For example you might travel by train to a trade exhibition and stay overnight.

Some of these costs, such as fuel, you will incur every month. Others, such as road tax, you can pay annually, every six months, or in monthly instalments (by direct debit). Enter your estimate of motor and travel expenses in the months when you expect to pay them.