We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
p87 mileage form advice
Comments
-
Hey Chez, Bootman is right - yes you can claim for this. The fact that you get car allowance makes no difference - you're using your car for business.0
-
Talking about company car tax, can anyone tell me how I work out how much a month my tax costs me - I have looked at it all, but my head hurts when I try to do the math! Easy calculations only please!! Many thanks all0
-
I am Field Based in my role. I recieve a monthly car allowance from my company and 25p per mile for business miles. I have been told that it may be possible fro me to claim the 15 difference between 25p and 40p from the tax man. Does any one know if this is correct, and if so how do i claim it. I have done 14,606 business miles since last April?
Hey Chez
If you go to https://www.hmrc.gov.uk and look up 'form P87' in the search box and complete the mileage expenses section of the form where appropriate then post to your tax office.
The claim is based on the UK tax year (6 April to 5 April), so if you are talking about the current tax year up to 5 April 2009 you would have to wait till after that date to make a claim, unless you are not going to do any further business miles this tax year.
Roger0 -
Talking about company car tax, can anyone tell me how I work out how much a month my tax costs me - I have looked at it all, but my head hurts when I try to do the math! Easy calculations only please!! Many thanks all
Use the Revenue's own calculator its the easiest way to work it out and shows how much tax you will pay if your income falls within the basic rate or higher rate tax band:
http://cccfcalculator.hmrc.gov.uk/CCF0.aspx0 -
Hi all, can anyone tell me where I can get a form for my wife for the tax year just ended?
Cheers.0 -
-
Hi folks.
I was self employed between April and November and ran up a couple of thousand miles. I then worked with one employer with no mileage compensation for a couple of months. Then worked with a company for February and March and was paid 15.7p per mile.
My question is can I claim for my self employed period and does this go on the p87? I will also claim for my last job and the balance of 24.3p per mile - how long does it normally take to send it back?
Thanks
Ross0 -
Enfieldian wrote: »Not available yet, but apparently you can use last years if you cross out the date and amend it.
Thanks for that, greatly appreciated!0 -
I know this is a old thread but I need some advise. I receive 40p per mile from my employer for my mileage once i have driven 50 miles as this is the distance from my home to the office that we are based although it is rare that I spend a whole day in the office, can I claim for any of this 50miles by using a p87?
Cheers0 -
I have a question about claiming tax relief on business mileage. Last year my employer paid me 32p per mile, and even then not for all the mileage which qualifies as business mileage. I also received a lump sum monthly allowance, but this was taxed. So I expect to claim tax relief on the 8p per mile shortfall, plus on the 40p per mile shortfall on unpaid miles.
However, I'm not sure which dates to work to. Do I claim for miles covered during the tax year, even if I received mileage allowance payments for some of those miles after the end of the tax year (due to the delay in processing/payment), and even though I would have received mileage payments during that year for miles done in the previous year? Or do I base my claim on the payments I've received during the year, even if some of the miles were done in the previous year? Or do I claim for miles done within the year, less payments received within the year, even though the payments don't actually relate to those miles?
Hope this makes sense.
--
btrobe: As I understand it, you may be able to claim tax relief in respect of some or all of these miles. The main exception would be if these miles are ordinary commuting (i.e. home to your permanent workplace) or substantially ordinary commuting (i.e. home to somewhere near your permanent workplace -- there is some guidance in the HMRC manuals on their website).0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.6K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.7K Work, Benefits & Business
- 603.1K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards