Fuel Card and business mileage

bristow_2

I have read many posts on here around this subject, but am still confused about my personal situation on it.

Last tax year 08/09 I had a Company Provided Fuel Card and Car Allowance. I did 1500 business miles which I believe have been taxed at 40% I have since ditched the card and returned to the cash alternative, but can I claim back the business mileage I did whilst having the fuel card ?

At the moment it seems that I have been taxed at 40% on the mileage I did for my job, which surely I should be able to claim back some relief on ?

fengirl_2

Please clarify - what amount were you exactly taxed on as mileage allowance is not taxable if within HMRC limits.

TM1976

You can claim tax relief on your mileage at 40p/25p a mile when you had a fuel card.

After you got rid of this you can claim at 40p/25p a mile less what your employer paid you per mile.

torty

fengirl wrote: »

Please clarify - what amount were you exactly taxed on as mileage allowance is not taxable if within HMRC limits.

can you help, you seem to know a bit about this. i know about mileage rates, eg first 10k 40 p per mile, question is

i have a fuel card which company issues, i am paid 5p per mile wear and tear, i pay my own pvt mileage

am i entitled to money at end of tax yr, my mate gets paid 40 per mile but pays own fuel

TM1976

You are already taxed on your mileage.

Therefore you can claim tax relief at 40p a mile on your business miles.

You get 5p wear and tear so effectively you will be claiming relief on 35p for the first 10,000 miles and 20p thereafter.

torty

TM1976 wrote: »

You are already taxed on your mileage.

Therefore you can claim tax relief at 40p a mile on your business miles.

You get 5p wear and tear so effectively you will be claiming relief on 35p for the first 10,000 miles and 20p thereafter.

so if i claim circa 10k business miles do i get rebate or refund

langstroth2

Therefore you can claim tax relief at 40p a mile on your business miles.

Umm. Private Car. Company Fuel card.
Spoke to inland revenue, they were adamant that I will be taxed on the full amount of fuel provided by my employer via next year's tax code (i.e it's treated as a benefit in kind).
i.e. I can't claim back the business mileage element at any rate. "If I want to do so in the future I need to hand back the card and claim 40p/mile via expenses instead."

TM1976

See the other post but your tax office but basically you will be taxed on the whole benefit in kind but you can then claim tax relief on your business mileage.

langstroth2

Sorry I probably wasn't clear enough.

For 08/09 I had a P11D entry relating to fuel card expense.
On the self assessment tax return completed in Jan (i.e for 08/09 fy) this was entered as a benefit in kind. I claimed tax relief for business miles driven @ 40p/mile.

However on the coding notice received they have included the full P11D fuel amount. So despite claiming a tax relief for business miles I'm now going to be taxed 40% on the whole amount.

Or have I misunderstood something here.

TM1976

See http://forums.moneysavingexpert.com/showthread.html?t=2292163

Please don't post the same question on multiple threads as it creates confusion..