b r – Member
17 pence per business mile
Irrelevent of the size of your allowance (which in reality is just salary) the IR allows your company to pay you up to 40ppm (first 10k) tax free. If they pay you less, you can claim the net back from the IR.
yes well aware of that, have my claim for last year registered with IR at the mo. You dont get the cash though as I understand, just an adjustment to your tax code
You can also claim a rate per mile for business miles done by bike, or giving a colleague a lift
rkk01 – completely agree, that was roughly my findings too, I worked it out at about 25k business miles last year, but also depends if you get private fuel allowance too – that for me was the real tax killer even with the escalating price of diesel
Agree with you on pool car too