Fuel Tax Question

ToejaM

ToejaM

ToejaM

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12 Jul 2011
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Bonjournio people, I have a relatively simple question to those of you who claim for fuel tax relief via the self assessment or the p87, which ever.. I assume its the same out come, just more to the self assessment which is irrelevant to me as I'm a PAYE employee.

I have to use a p87 to claim, which I've filled out and I just need to print it out but as I use a printer once every 12 months if I'm lucky, its buried and probably all dried up I thought I'd find out what the usual out come is.

Do they usually give you a percentage range back of your claim back or the full amount?

Does job affect it? I'm a carer in the community if thats relevant.

Theres a few websites that'll handle it for you but its pretty straight forward I'd rather not give up 25% of the result for a few pages of ease that I've already done, the "estimated back" from this site was around half of what the claim would be but it didnt say if that was less their 25% commission or not, does that seem about right?
 
As far as I'm aware, you get a tax rebate on the miles you have done.

So take for example you are in the 20% income tax bracket and you drive 10,000 miles a year, the amount you'll get back is 10,000 times the current mileage rate (45p), divided by your tax band.

10,000 x 45p is £4,500, so 20% of that will be £900 in terms of real money you'll be better off.
 
Oooh thats how its ultimately worked out, that makes sense. Either I missed that paragraph on the .gov site or it doesn't say it, though all other types of rebates are usually cryptic anyway heh.

I know its based on miles done, I was given my mileage from work.. I wasnt sure exactly how it was calculated, it makes sense to be given your tax band percentage of it.

Thanks :)
 
Kuros said:
As far as I'm aware, you get a tax rebate on the miles you have done.

So take for example you are in the 20% income tax bracket and you drive 10,000 miles a year, the amount you'll get back is 10,000 times the current mileage rate (45p), divided by your tax band.

10,000 x 45p is £4,500, so 20% of that will be £900 in terms of real money you'll be better off.
Click to expand...

That's assuming you don't get paid anything by the employer for the mileage.
 
if you make a couple of assumptions (20% tax payer and sub 10k business miles)

you will get 20% of 45p x miles done less any payment received from employer
 
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