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  • FIRST POST
    • MarkB
    • By MarkB 5th Feb 18, 6:28 PM
    • 11Posts
    • 1Thanks
    MarkB
    Business mileage queries
    • #1
    • 5th Feb 18, 6:28 PM
    Business mileage queries 5th Feb 18 at 6:28 PM
    Hi,

    I've only just discovered that I can claim back tax relief against the business mileage I do!

    For business miles my company pays an allowance of 16p per mile, so I plan to claim back the delta to the 45p HMRC limit (as just under 10k miles).

    The totals I have are as follows:

    16/17 - 9262 miles @ 45p-16p = £2685.98
    17/18 - 10,636 miles (to date) = £2957.24

    When I go to the HMRC website guidance on claiming tax relief it states that for claims of up to £2500 I can use a P87 form (I haven't done a self assessment), but I'm assuming that even though what I will get will be ~30% of the above total, the actual claim is above the threshold, so I will have to do a full self assessment.

    Am I correct in the above? If I am, I've evidently just missed the self assessment deadline of 31st Jan, so what do I need to do now for the 16/17 years and the 17/18 years (once we hit 31st March)?

    Thanks,

    Mark
Page 1
    • Dazed and confused
    • By Dazed and confused 5th Feb 18, 7:18 PM
    • 2,192 Posts
    • 1,003 Thanks
    Dazed and confused
    • #2
    • 5th Feb 18, 7:18 PM
    • #2
    • 5th Feb 18, 7:18 PM
    Yes, based on what you have posted you will need to register and complete self assessment returns (which really aren't any more complicated than the P87 form).

    The 31 January deadline is for people who have been sent a return. If you haven't been sent one that deadline is irrelevant.

    When you are sent a return you will get 3 months to complete and return it to HMRC (or do it online).

    It seems you realise you cannot claim mileage from HMRC, just tax relief on the expenses, is the reference to ~30% because the expenses will attract some relief at 40% and some at 20%?
    • MarkB
    • By MarkB 5th Feb 18, 7:45 PM
    • 11 Posts
    • 1 Thanks
    MarkB
    • #3
    • 5th Feb 18, 7:45 PM
    • #3
    • 5th Feb 18, 7:45 PM
    Yes, based on what you have posted you will need to register and complete self assessment returns (which really aren't any more complicated than the P87 form).

    The 31 January deadline is for people who have been sent a return. If you haven't been sent one that deadline is irrelevant.

    When you are sent a return you will get 3 months to complete and return it to HMRC (or do it online).

    It seems you realise you cannot claim mileage from HMRC, just tax relief on the expenses, is the reference to ~30% because the expenses will attract some relief at 40% and some at 20%?
    Originally posted by Dazed and confused
    Thanks for the clarification. Yes - the 30% was a reference to getting around 30% of that amount on the tax relief.
    • MarkB
    • By MarkB 6th Feb 18, 11:47 AM
    • 11 Posts
    • 1 Thanks
    MarkB
    • #4
    • 6th Feb 18, 11:47 AM
    • #4
    • 6th Feb 18, 11:47 AM
    Hi,

    Follow-up question....

    I'm using the HMRC website to complete a self assessment for 16/17 to include the above Mileage Allowance Relief.

    I can't figure out where on the return I need to add this information.

    Can somebody please point me in the right direction?
    • MarkB
    • By MarkB 6th Feb 18, 12:33 PM
    • 11 Posts
    • 1 Thanks
    MarkB
    • #5
    • 6th Feb 18, 12:33 PM
    • #5
    • 6th Feb 18, 12:33 PM
    It's Ok - found it - hadn't selected yes in the right box for that employment!
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