Forum menu
Don't forget t...
 

[Closed] Don't forget to get you Mileage Tax claims in if you get less than 45p/mile

Posts: 0
Free Member
Topic starter
 
[#5052346]

Download the P87 [url= http://search2.hmrc.gov.uk/kb5/hmrc/forms/view.page?record=lNKqI3HRKkQ&formId=769 ]here[/url] and think of something to spend the HMC cheque on (always gets here in time for the alps road trip!)


 
Posted : 10/04/2013 12:44 pm
 st
Posts: 1445
Full Member
 

And remember that you can go back a few years if this is a new one to you!


 
Posted : 10/04/2013 12:48 pm
Posts: 0
Free Member
 

It's doesn't appy if you have a company car does it?

I never thought it did but some people have said it does!


 
Posted : 10/04/2013 12:51 pm
Posts: 10634
Full Member
 

Forgive the stupid question, but I'm rather new to this. I've claimed about 16k miles worth of fuel at 40ppm which has been repaid by my employer. I'm fairly sure I didn't pay tax on that, so what's this for?


 
Posted : 10/04/2013 12:59 pm
Posts: 0
Free Member
Topic starter
 

no, well i doubt it

You can get 20p/mile for using a push iron to get to work though, if you are daft enough to not put it down as a car journey....


 
Posted : 10/04/2013 12:59 pm
Posts: 0
Free Member
Topic starter
 

You claim tax relief on the 5ppm difference, so it adds £800 to your tax code, therefore you will get £200ish back by cheque if you fill in that form, edit no you wont, its only 45ppm upto 10,000, 25p thereafter so it will add £500 to your tax code. Still worth the price of a stamp though.


 
Posted : 10/04/2013 1:02 pm
Posts: 0
Free Member
Topic starter
 

However Daffy, you can go back 7 years......


 
Posted : 10/04/2013 1:02 pm