Mileage: what is a fair amount to expect

[GREENBANK]

what would be a fair amount to expect to be paid for mileage using my own vehichle ?
please and thanks.

[CheekyChops]

It's 40p per mile (up to 25000 miles) where I work.

[danchip]

we were on 37p but it went up to 40 when petrol got so expensive but i know companies who pay as little as 20p per mile

[ChuckFickens]

40p a mile up to 10000 miles and 25p a mile thereafter is the maximum amount that's allowed to be paid

http://www.thegreencarwebsite.co.uk/blog/index .php/business-mileage-in-a-private-car-reimbur sement-rates-in-20089/

[CheekyChops]

Ooh sorry, just checked the back of our mileage forms...

40p per mile up to 4,000 miles (not 25,000!) and 25p thereafter.

[buildersmate]

Chuck's answer is incorrect.

The figures he quotes are the maximum that an employer can pay an employee without the sums having to be declared to HMRC on the P11D at the end of the tax year.

Thus they are generally the figures that many busineses use.

A business can pay �5 per mile so it so wishes. Indeed it is possible that a well-known knighted banker might well have been paid such a figure for the company use of his personal Roller.

[buildersmate]

Perhaps should have stated the implication.
One pays tax and NI on the excess sums above these numbers.

[mifta]

We get paid 40 per mile if car engine is over 1600cc, 35p per mile if it is below.

[bensmum]

Ours is 53.5p per mile for business mileage which is pretty good then?

[Buenchico]

Chuck has provided the correct maximum amounts that you can be paid as 'expenses' without having to pay tax on the payments.

In practice they're far more than most people receive. One firm I work for increased their rates last year, from 17p per mile to 19p per mile. Another firm that occasionally employs me also increased their rates last year from 20p per mile to 25p per mile. However the first firm also pays me 'travelling time' whereas the second one doesn't. That's an important consideration when determining what is 'fair'.

At 40mpg, and with petrol around 90p per litre, roughly 10p per mile will cover the petrol costs. If you're driving a top-of-the range BMW, the additional insurance costs for business use and the increased depreciation through the extra mileage will add quite a bit to that. If, like me, you're driving an ancient Mondeo which you bought a couple of years ago for �350, with only 3rd party insurance, business usage adds almost nothing to the 'cost per mile' of running the car.

20p per mile probably covers most people's additional expenses through using their own vehicle, but is still generally regarded as being rather stingy.

30p per mile is quite generous and should (more than) cover most people's additional expenses.

If I was a shareholder in a company which was paying 40p per mile, I'd be asking what the bloody hell the directors thought they were playing at, and seeking to get them removed from office.

Chris

[GREENBANK]

thankyou everyone..think i'll ask for 30p per mile.

[buildersmate]

You can do as you please - it is your car.

I refuse to use my own vehicle unless I get 40p per mile.

It is not about 'fairness' - it is about the relative cost and inconvenience to an employer of having to make an alternative arrangement - hire car, pool car whatever. Easily worth 40p per mile for 'occasional use'.