Business mileage
- Thread starter fastwunz
- Start date
Soldato
- Joined
- 12 Sep 2012
- Posts
- 11,698
- Location
- Surrey
I imagine you will need to get some sort of reference and code form from the company to claim it back regardless.
I can see how OP might find that strange. Though not as strange as the guys in the account's team that have been wondering how this guy uses the company card without spending a penny on the fuel card that's in his glove box
I can see how OP might find that strange. Though not as strange as the guys in the account's team that have been wondering how this guy uses the company card without spending a penny on the fuel card that's in his glove box
Poor choice of car then. If you are buying and using your own car for work, depending on what you choose you can either be quids in or out of pocket at 45p per mile. For example an Aston Martin Vanquish works out at £81 per mile. My gf used to make around 15p per mile profit with her Volvo v40 Eco diesel but lost 10p a mile when she bought a Mitsubishi Shogun.
Fill in form P87
It takes about 10 minutes to fill if you keep a log of your mileage.
Any company should reimburse your business mileage at an agreed rate, both for company cars and private cars, though the rates will differ. There are stated rates and if you are not paid those rates you can claim back the difference as part of your tax return. If your company is not paying your fuel I'd find one that does.
150 miles per week is not high mileage.
Very odd that you can't claim it back, I'd double check that as before we had fuel cards you'd just claim 14p odd per mile on expenses. Now with the fuel card I just pay for personal mileage, everything else is paid for by the company as it should be.
He hasn't been given a free car, he has been given access to a company tool for which he will be taxed for and all personal mileage charged. Personally given the choice of a car allowance or company car I'd go for the former every time, the amount of tracking nonsense put in company cars these days is ridiculous.
He hasn't been given a free car, he has been given access to a company tool for which he will be taxed for and all personal mileage charged. Personally given the choice of a car allowance or company car I'd go for the former every time, the amount of tracking nonsense put in company cars these days is ridiculous.
Soldato
- Joined
- 27 Dec 2005
- Posts
- 17,316
- Location
- Bristol
Did I say it was?
What are you driving that a pair of tyres costs more than £3k?!
Even with a conservative estimate of 10k miles on a tire, 30p/mile is well in excess of what any wear and tear on your tyres will cost...
Caporegime
- Joined
- 30 Jul 2013
- Posts
- 30,229
£30 per month, not £300!
Firstly, 150 business miles/week is nothing.
Secondly, I've never heard of a company providing a car and not paying for fuel used for company business. This is what you need to check first. I guess it does happen but I'd imagine it's incredibly rare.
Thirdly, having had both options over the years, either a company car (with business fuel paid for) or a car allowance and supplying my own car, I'd go with a company car every single damn time.
Secondly, I've never heard of a company providing a car and not paying for fuel used for company business. This is what you need to check first. I guess it does happen but I'd imagine it's incredibly rare.
Thirdly, having had both options over the years, either a company car (with business fuel paid for) or a car allowance and supplying my own car, I'd go with a company car every single damn time.