Mileage rate - can I claim something off my bill?

ponymad_3

Having accepted I will have to pay the recent bill through my coding for my P11D , I am looking to see if I can salvage anything!

I get a car allowance which I take instead of a company car and the mileage that I undertake for work I can then claim an allowance. With fuel costs I am losing out and think somewhere I have read I can offset

I can only claim 12p per mile for the fuel for a 2.3L diesel vehicle. This doesnt cover the running costs which it is meant to

Would love some advice please! Thanks in advance

jennifernil

You can claim relief on up to 40ppm for 10000 miles, then 25ppm.

So if you drive 10000 miles you work it out as (40-12) x 10000 = £2800

Tax on £2800 @ either 20% or 40% = £560 or £1120 to reclaim. Or it could be somewhere inbetween if you are only slightly into 40% tax.

ponymad_3

Thanks for that ... can I go back 6 yrs . I dont do a massive mileage annually TBH sometimes at 10p per mile I can t be bothered to write down and claim. I will now tho and will enjoy going back and digging out what I can. In term of higher rate I am just on the cusp and sometimes do and sometimes dont depends on bonuses

John_Pierpoint

That forty pence is meant to cover the full cost of vehicle ownership.
Do you really need such a big car? Why should I subsidise you to drive around it that?
It is government policy to reduce our dependency on imported fuel - partly to stop us wrecking the planet and partly to stop us having to kowtow to the likes of the ruler of Libya.

jennifernil

I think it is up to the OP what car they buy, they may have a large family, could have a caravan to tow.

If the taxpayer is subsidising anyone, then it is the employer.

OP......you can go back to 2005/06 now, you have unfortunately just missed out on 04/05.

You will need proper records to claim.

ponymad_3

Thanks Jennifer great advice ... John_Pierpoint as it happens though it is none of your business I live in a very rural area need a 4X4 for the extreme winter weather and hills we have round here. And unlike many managed to get to work everyday to ensure my customers were not inconvenienced...visiting them at home... and in case you are worrying it is a small 4x4.Oh and yes I have a small holding too so my animals need feeding and I pick up their feed and bedding... Of course everyone has a right to their opinion and you do too, just this forum is not the place (IMHO)

John_Pierpoint

Once upon a time there used to be different HMRC rates for different engines sizes; the government used to encourage people to drive rather larger cars than they really needed; because the UK car industry used to build card with that tended to have larger petrol engines than the economical diesel cars made by our Continental rivals.
Now the whole emphasis has changed, the tax system is designed to encourage us all to minimise our consumption of fossil fuels, hence taxing car owners on the grammes of CO2 per kilometre.
If I were a sheep farmer living in the Welsh mountains, I would think this very unfair, but our government has signed treaties to cut our carbon emissions by 20% by 2020 and ever increasing levels there after. Expect the tax burden on the use of road fuel to be heavier and heavier and other non fiscal restrictions to be introduced.