Self assessment & mileage

beatnik

Hi, I'm just completing my first self assessment online, to declare income from a rental property. NO problems regarding the info re the property.

I work fulltime, and get an essential user lump sum and mileage allowance each month. They appear on the payslip but are not taxed. At the end of the tax year 09-10, my employer wrote to HMRC to declare my expenses on a P11D/P9D form. Then HRMC are meant to alter my tax code for next year accordingly.

However, on the self assessment form it asks me to declare my expenses again. Do I need to do this as HMRC already have notication of my expenses for last tax year?

It bumps up my tax bill by £220 so I don't want to have to pay it unless really necessary!

Does anyone know the answer? I've been holding for ages on the HMRC helpline and ran out of patience...

Thanks

Tarasam

You do need to do this, if you dont then the self assessment will not reflect the info in your tax code. You wont be taxed twice, in fact if you dont declare it then you'll be refunded everything you've paid taxwise for this via your tax code and will be left underpaid and notified at a later date.

beatnik

Hi, thanks for the reply. I am unsure which figure to put on the SA form. On the P11D form, do I put down the total amount paid to me in mileage etc or the profit (i.e. the figure I will be taxed on?)

I'm getting very different tax bills at the end of the return based on what I put down, which seem counter intuitive!

IHateDida

beatnik wrote: »

Hi, thanks for the reply. I am unsure which figure to put on the SA form. On the P11D form, do I put down the total amount paid to me in mileage etc or the profit (i.e. the figure I will be taxed on?)

I'm getting very different tax bills at the end of the return based on what I put down, which seem counter intuitive!

I am confused with this as well - if anyone can answer my query too. Basically I have from a PAYE employer:

Total miles 3389.1
Maximum exempt amount £1357.55
Amount Paid £1258.95
Reportable self-assessment tax relief £98.60

So which figure do I put in the "Business travel" section for that employer? (sorry to ask in the same thread beatnik but I think we have similar queries:o!). Do you just love tax returns! :eek:

Gas_Powered_Toothbrush

The £98.60 would go in the business travel section.