Fuel tax relief p87

toffee87

Hello, I'm a carer. I go into people's homes. My employer does not give money for fuel, only wear and tear. I have done 2,724 miles. Does this mean I will receive £1089,60? I have received 190 for wear and tear.

It seems to good to be true, and I don't want to fill the form in wrong.

p.s I have mileage records

Thanks

taxing

toffee87 wrote: »

Hello, I'm a carer. I go into people's homes. My employer does not give money for fuel, only wear and tear. I have done 2,724 miles. Does this mean I will receive £1089,60? I have received 190 for wear and tear.

It seems to good to be true, and I don't want to fill the form in wrong.

p.s I have mileage records

Thanks

Sorry, no, you don't 'receive £1089.60 - BUT you do get TAX RELIEF on that amount less the £190 your employer paid to you (assuming it didn't get taxed as part of your normal pay) - so tax relief on net 899.60.

Assuming you pay tax at the basic rate - 20% - the refund will be £179..92.

Not as much as you had hoped but better than a poke in the eye with a sharp stick!

Regards.

toffee87

Cheers, it's better than nothing :-)

Mikeyorks

And - fresh from the Budget - the 40p is about to rise to 45p.

toffee87

Excellent, will that apply to me?

PParka

Mikeyorks wrote: »

And - fresh from the Budget - the 40p is about to rise to 45p.

Sorry to hijack the thread, but did they say when the rise to 45p will take affect?

Will it apply to a tax return for the 2010/11 year?

taxing

PParka wrote: »

Sorry to hijack the thread, but did they say when the rise to 45p will take affect?

Will it apply to a tax return for the 2010/11 year?

Sorry, no- effective from 6/4/11.

Regards

graceangela9

I think what ever they have given you is enough because something is better than nothing.But you should get the tax relief on the money you get.

Enfieldian

graceangela9 wrote: »

I think what ever they have given you is enough because something is better than nothing.But you should get the tax relief on the money you get.

Thank you for that, it makes absolutely no sense.

Good luck getting your post count up.