Claiming Tax back with Petrol Card and Car Allowance?

gggg21

Ive been led to believe that I can claim tax back.

I drove 16,000 miles last year, 6,000 of which were personal miles.

I recieved a car allowance of 5k and a put all my petrol (personal and business) on a petrol card, the end figure on the petrol card for the year was £3,680.

Am i entitled to claiming anything back from Mr. Taxman, P11D??

How do I work out and what do I have to do

antrobus

MarkyMarkD wrote: »

You've driven 10,000 business miles and been paid £5,000 in car allowance. That's 50p per mile, which is more than the HMRC allowable rate.

So I can't see how you can claim anything.

Because the £5,000 has already been taxed under PAYE? Dunno.

I think that more information is required regarding the precise arrangements that exist between OP and his employer regarding payment for business mileage etc.

thenudeone

MarkyMarkD wrote: »

You've driven 10,000 business miles and been paid £5,000 in car allowance. That's 50p per mile, which is more than the HMRC allowable rate.

So I can't see how you can claim anything.

Ignore this. The car allowance is taxed in full just like salary so needs to be ignored.

The big question is - who paid for the petrol card?

1) If you paid for all of the fuel, then you can the difference between the hmrc approved mileage rates and whatever you received in MILEAGE ALLOWANCE from your employer (if anything), as an allowable expense on your tax return.

2) If your employer paid in full, and you haven't reimbursed your employer for your private miles, then you should be taxed on the fuel provided as a benefit in kind (either for the actual amount or possibly on the standard scale rate for a car of that size - it's more complicated than normal because most rules in these are assume you have a company car.)

3) If the employer paid in part for the fuel card, it would be more complicated.