P87 Mileage allowance form

[cambb]

Hi,
Do you know if it's OK to complete the 2005 P87 for this years claim? I've contacted the IR for the 2006 form but they tell me it's out of stock.

[WelshWoofer]

HI
I too am due to claim milage allowance back as tax. I have found the IR really unhelpful with thi sin the past and have given up.
During the last tax year I have probably driven in excess of 5000 miles in a work capacity and have been paid 14p per mile. I'm not sure what the amount the IR allow - I know I should be claiming something but don't know hpw muh and how this equates to a sum I shoudl expect to receive.
Can anyone shed some light?
Thanks

[cambb]

Hi,
I've done over 22,000 miles. The way the mileage allowance is set up, the IR suggests your company should be paying 40p a mile up to 10,000 miles. therefore if you get 14p the differance is 26p which you can claim back as tax relief.

[WelshWoofer]

Thanks for the advice.
All I need to do now is get hold of a form and start the fight!
Cheers
R

[inch high]

Hi, I've just filled in my 2007 form, and at the bottom it says "please return the completed form to your HM Revenue & Customs office" - I've searched the internet but I'm not sure what address to send it to.... Any ideas?

[Bean Counter]

Originally Posted by rachelmk

Thanks for the advice.
All I need to do now is get hold of a form and start the fight!
Cheers
R

Link to current P87 form below:

http://www.hmrc.gov.uk/forms/p87.pdf

[monkeymax]

Originally Posted by inch high

Hi, I've just filled in my 2007 form, and at the bottom it says "please return the completed form to your HM Revenue & Customs office" - I've searched the internet but I'm not sure what address to send it to.... Any ideas?

the form will need to be sent to the office that deals with your employer. Ask your HR dept for the address. Plus the 2007 form should be available for download from HMRC.gov.uk. download and print it off, this is an acceptable for for us at HMRC.

[Bean Counter]

Originally Posted by inch high

Hi, I've just filled in my 2007 form, and at the bottom it says "please return the completed form to your HM Revenue & Customs office" - I've searched the internet but I'm not sure what address to send it to.... Any ideas?

Have a look at your payslip and / or P60. There should be a reference which is three numbers followed by a slash and some more numbers. Take the three numbers at the start and put them in the box on this link to find your tax office:

http://www.hmrc.gov.uk/local/individuals/index.htm

[inch high]

cheers guys

[The Governor]

I'm confused, the current form says Year Ending 5th April 2007, does that mean I have to wait until 2009 until I can claim my travel in 2007/08 (Year Ending 5th April 2008)?

[stano]

Hi

Sorry if this has been asked before

I am filling my P87 form for the first time, and am only claiming for 360 business miles that I did from February.


I use my own car and have a company fuel card. I pay tax on both personal & business miles fuel I have purchased with the fuel card. Which is shown on my P11D a total of £130.

When filling the P87 form in I can see I can claim 40p x 360 = £144 which is entered in section 2 box 6 (maximum tax-free amount)

What I don't know is what to enter into section 2 box 7. as I am being taxed on my fuel card do I enter 0 or do I have to enter an amount? if so how do I calculate this?

Thanks for your help

[molly1973jade]

Hi All

You can fill in the P87 forms for the prev 6 years. so yes you can go back to 02/03 onwards
The HMRC can send these forms out
Thanks

[mrsyardbroom]

You can order these forms online from St Austell

[LucyTheDwarf]

Originally Posted by cambb

Hi,
I've done over 22,000 miles. The way the mileage allowance is set up, the IR suggests your company should be paying 40p a mile up to 10,000 miles. therefore if you get 14p the differance is 26p which you can claim back as tax relief.

Incorrect. You can only claim back the tax relief on the difference. I.e. 22% for basic rate tax payers, or 40% of that for higher rate.

[PaulStafford1984]

I completed and posted my P87 around 2 months ago, I was wondering if anyone could advise of lead times they have experienced as I am concerned something has gone not quite to plan! As advised on this forum I sent the form to the tax office that deals with my employer and not my closest office.

[mawallace]

HMRC have backlogs on the post at the moment - we have had a five months delay in dealing with post so I would not worry

[TM1976]

Probably a backlog but it's best to phone them up and ask if they've received it.

[WillF]

I'm confused.

Let's assume I drove 10000 miles in the last tax year.

My employer pays me 25p per mile, i.e. £2500.

MAR states I can claim up to 40p per mile, i.e. £4000

So, am I entitled to claim £1500 from HMRC, or is it simply tax relief on the difference?

If it's just tax relief on the difference, how is this worked out?

[987654]

It's tax relief on the difference.

So if you are a 40% tax payer, 40% of £1500 means a £600 refund.

[WillF]

Originally Posted by 987654

It's tax relief on the difference.

So if you are a 40% tax payer, 40% of £1500 means a £600 refund.

Thanks.

This sucks. The company I work for recently reduced the milage rate from 40p to 25p and have told everyone that they can claim the lost 15p per mile back by returning a P87.

There's gonna be some unhappy people...