The Masternaut Driver Companion app, available now via iOS and Android app stores, links mobile users to the Masternaut Tax & Expense module, part of a suite of modules for Masternaut Connect. The Tax & Expense app uses patented CANbus based technology that precisely reports vehicle odometer readings, which is more accurate than GPS-based calculations that many other solutions use.
When a journey is made, drivers can log it as either being private or business mileage, giving greater accuracy on journeys made for work or privately. Once a journey has been completed, drivers need only tap submit for expense claims to be made. The logging and submitting of mileage data and expenses remotely will save drivers the time and effort of having to log them manually. In addition, the Masternaut Tax & Expense companion app stores data for regulatory compliance.
The Masternaut Tax & Expense module is delivered via the new platform’s core, integrated web interface while the application is available to all customers using Masternaut Connect.
Masternaut’s CTO, Alex Rothwell, said: ‘The Tax and Expense app is the result of a busy year of innovation and development for Masternaut. Our unique patented technology ensures that drivers no longer need go through the rigmarole of logging expense claims manually. Having odometer readings instead of GPS gives a highly accurate view of mileage done by any driver and creates a much smoother and easier process for businesses to avoid the HMRC sting.’