People also don't add on their commuting hours to their working day.
^This
had this idea earlier........
some people probably don't know or care about this, but if you know....
try work out what percentage of your wage you spend on fuel/train tickets etc
so..say it costs £10 to get to work for the week and you make £400 in that week 10/400 = 2.5%
no need to post how much you make or spend as that's not really the point
just the percentage![]()
16 miles round trip @ ~ 15p per mile so £2.40 a day, £12 a week
NOTHING
nothing? Even if you were on an extremely good wage of £240 a day, it's still 1%
Also interested, I only have a short cycle, but it would still be in the £100's per year.
EDIT: Just checked the expenses policy again, think I can claim this. Cheers!
3) Mileage Allowance
Employers can pay up to 20 pence per mile tax free to employees who use their own cycles for business travel. Journeys between home and work are not business travel for this purpose.
Any employee considering joining a Cycle to Work scheme will need to consider whether they would prefer to use their own cycle and be able to claim up to the 20p per mile tax free for any business miles they travel, as opposed to having a cycle loaned to them by their employer.
Employees cannot claim the 20p per mile tax-free mileage allowance for business travel if they use a cycle loaned to them by their employer.