Expenses data shows switch to private cars
MILEAGE expenses have increased by over 290% since the March lockdown, according to data from Global Expenses App, Expenseondemand.
It says mileage now accounts for 90% of all expense claims as employees opt to use private vehicles for business travel rather than other means of transport.
Public transport expenses have dropped from 18% to only 5% of total claims but hotel and air travel were the hardest hit sectors, now accounting for just 1% of claims, down from 16% and 20% respectively.
Expenseondemand Founder Sunil Nigam said the data highlights that many businesses are still very active and continuing to adapt to new ways of running their business.