Tax deduction for business mileage
Learn how to correctly deduct mileage expenses on your company's income tax.
## Tax Deduction for Business Mileage: Your Company's Right
Tax deduction for mileage expenses is an important right for companies that reimburse employees for using personal vehicles in professional activities.
## Tax Authority Requirements
For the deduction to be accepted by tax authorities, it's essential to maintain complete and organized documentation. Each trip must have detailed proof with date, origin, destination, mileage, and business purpose.
## Receipts with SHA-256 Verification
Receipts generated by Quilometragem meet all tax requirements, including SHA-256 verification hash that ensures authenticity and prevents tampering. This is crucial for passing tax audits.
## Retention Period and Digital Organization
It's recommended to keep these documents for at least 5 years, according to Brazilian tax legislation. Digital systems facilitate this organization and allow quick access when needed.
Always consult an accountant to ensure your company is taking advantage of all available deductions legally and optimally.