Quizzes & Puzzles4 mins ago
Company Car Fuel Recovery
5 Answers
Hi
I've heard that regardless of what rate your company reimburse you at for mileage, you can claim the difference up to 40 pence back from the inland revenue.
Has anyone else heard of this, where can I find out more information?
Thanks
I've heard that regardless of what rate your company reimburse you at for mileage, you can claim the difference up to 40 pence back from the inland revenue.
Has anyone else heard of this, where can I find out more information?
Thanks
Answers
Best Answer
No best answer has yet been selected by jennifer_cro. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.Yes Jennifer I have to do this every year!
I use my own money (ie not my company credit card) to fill my car fuel on business mileage.
My company refund me 0.12 mile, (sometimes more, depending on the size engine of the car I am driving) the government pay me the difference.
You can claim from April to April and is worth submitting as i got over �1000 in tax relief every year to date!
The name of the form is really obscure but I have one on my desk at work, so I'll come on line tomorrow and update this answer. Just make sure you are aware of all your business mileage.
Clarey
I use my own money (ie not my company credit card) to fill my car fuel on business mileage.
My company refund me 0.12 mile, (sometimes more, depending on the size engine of the car I am driving) the government pay me the difference.
You can claim from April to April and is worth submitting as i got over �1000 in tax relief every year to date!
The name of the form is really obscure but I have one on my desk at work, so I'll come on line tomorrow and update this answer. Just make sure you are aware of all your business mileage.
Clarey
Related Questions
Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.