
See this linky
My G/F get 10p per Mile for her 1395 CC Car that does (government 44mpg Combined supposedly)
She doesn;t nearly get that se gets about 32 if she is lucky - This month she is £60 out of pocket on expenses so far. Yet here employer say well
that's what the government tell us to give you based on a mean of 48.8!
The car was supplied by her company till here "newer" car arrives in the next 6 months or when the can be bothered.
Is there any way she can get the additional money back cause at the moment she is funding the company......
There is a method of claiming the tax back on the difference between the 10p mile and the gov't milage rate for the same non company car......
She can fill in a tax return and claim tax relief for the difference - the Govt allows
40p for the first 10k and then 25p there afters - if she is a basic rate tax payer she will claim back at 22% ish
so if she did 14000 miles in a year
40p x 10000 = £4000 x 0.22% £880
25p x 4000 = £1000 x0.22% = £220
so £1100 - less the money recieved by her employer and the difference ends up in your bank - simple !
or thats how I used to work mine out and it was always pretty accurate
[Edited on 4/8/09 by Blackcab]
[Edited on 4/8/09 by Blackcab]
Smething far wrong if a modern 1400 cc car is only returning 32 mpg, last 1400 cars i hand were the early 90s Rover 214 and 414 and used to regularly get 37 to 38 mpg in mixed suburban/urban running.
quote:
Originally posted by britishtrident
Smething far wrong if a modern 1400 cc car is only returning 32 mpg, last 1400 cars i hand were the early 90s Rover 214 and 414 and used to regularly get 37 to 38 mpg in mixed suburban/urban running.
quote:I thought that was if you provided your own car for business use in which case it is to cover fair w&t, tax, ins etc as well as fuel. It's different if your employer provides the car and is always a bone of contention. IIRC the rates are set by HMRC or whatever they are called this week.
Originally posted by Blackcab
She can fill in a tax return and claim tax relief for the difference - the Govt allows
40p for the first 10k and then 25p there afters - if she is a basic rate tax payer she will claim back at 22% ish
so if she did 14000 miles in a year
40p x 10000 = £4000 x 0.22% £880
25p x 4000 = £1000 x0.22% = £220
so £1100 - less the money recieved by her employer and the difference ends up in your bank - simple !
or thats how I used to work mine out and it was always pretty accurate
[Edited on 4/8/09 by Blackcab]
[Edited on 4/8/09 by Blackcab]
yep agree with Britishtrident
3 choices here
A get the car serviced by employer (it is effectively their car)
B Get her to be gentle on the loud pedal
C unlikely - convice employer that she cannot get the plug to achieve decent MPG & they can pay over the 10p although tax & ni the balance.
Sorry Blackcabs info based on a private car used on business Not a company car.
cheers D
if its the employers car then it is different as the allowances are nothing like, best speak to an accountant - I apy mine about £130 a year to sort
all my bits out for self assesment.
Surely if its a company car then she will pay company car tax and either fuel tax or all her private miles seperately ? she shouldnt be out of pocket
for pure company use
Ahh, no you can't claim anything extra if its a company car, here's the relavent form: link
???? my 20 year old carb 1.8 bluebird 4 speed auto is getting 35mpg on petrol!
32mpg 





quote:
Originally posted by britishtrident
Smething far wrong if a modern 1400 cc car is only returning 32 mpg, last 1400 cars i hand were the early 90s Rover 214 and 414 and used to regularly get 37 to 38 mpg in mixed suburban/urban running.
I think your stuffed. I get the gov rate for my company car too. When choosing you need to do your sums to make sure your not out of pocket.
The system is designed to make you select eco cars.
hence there are now no 2.5 mondeos in company car fleets.
Agree with all of the above comments. I was getting the gov rates and was struggling to brake even so I have opted out.
Do we know what the car in questions is and what it's used for yet?
I'd be inclined to highlight to the employer that you're not funding the mileage from your own pocket so either the car needs to be changed
quick smart or the mileage is "adjusted" to cover costs.
I'd still be looking for a fault with the car though at that sort of MPG.