To work out how much tax relief you can claim, add up your business mileage for the tax year and multiply it by the approved mileage rates. If your employer doesnât pay you a mileage allowance you can claim the full approved amount of Mileage Allowance Relief.
In this example the word âqualifiedâ is used to say ânot completelyâ. An âunqualified successâ is a success without exemptions or limitations. A âqualified failureâ is not a complete failure.
Unqualified Opinion. Often called a clean opinion, an unqualified opinion is an audit report that is issued when an auditor determines that each of the financial records provided by the small business is free of any misrepresentations.dverse Opinion. The worst type of financial report that can be issued to a business is an adverse opinion. This indicates that the firmâs financial records do not conform to GAAP. In addition, the financial records provided by the business have been grossly misrepresented.