My SOA

Jenjen

HappyMJ wrote: »

Does he get remimbursed for his work mileage either from work or by filling out a tax refund form from the HMRC? This tax year it is worth 45 pence per mile if work reimburses it and if not you can get a tax refund of 9 pence per mile on the 20% tax rate. That can be backdated several years if you haven't done it yet.

Yes he does get 45p per mile from work for his mileage. But thats another area where his boss is a pain (Thats the polite word for him) and he will only pay expenses once a month. We are currently owed about £150 in expenses including mileage and a few bits of equipment dh has had to buy while out on a job. Not great in our situation. And I think its actually partly to blame for our debt cos Dh has put things on credit card but then his expenses have been paid to our joint account and we haven't paid them off the credit card. Very bad I know and we are paying the price now.

Jenny

Jenjen

HappyMJ wrote: »

Does he get remimbursed for his work mileage either from work or by filling out a tax refund form from the HMRC? This tax year it is worth 45 pence per mile if work reimburses it and if not you can get a tax refund of 9 pence per mile on the 20% tax rate. That can be backdated several years if you haven't done it yet.

Also his salary is inflated slightly (£150/month before tax) to allow for the fact he is required to take his own car to work rather than using public transport all the time.

Cat2011

Good luck with the sorting things out. I agree with the poster above, I think you need to have a rethink about being self-employed, or at least see if you can get a Saturday job (assuming your OH works Mon-Fri), then you still have family time on Sunday.

If you're going to keep 2 cars you need to make them as cheap as possible. Your car insurance is massive. Over £1500 a year?! Can you shop around, do you have any No Claims bonuses? Might be worth taking the advanced driving certificate. It'll cost £140 through IAM, but might reduce your premium, perhaps get some quotes to see if it makes enough of a difference to your situation. Can you swop your cars with a similar costing car which has a lower tax and insurance group?

Jenjen

Cat2011 wrote: »

Good luck with the sorting things out. I agree with the poster above, I think you need to have a rethink about being self-employed, or at least see if you can get a Saturday job (assuming your OH works Mon-Fri), then you still have family time on Sunday.

If you're going to keep 2 cars you need to make them as cheap as possible. Your car insurance is massive. Over £1500 a year?! Can you shop around, do you have any No Claims bonuses? Might be worth taking the advanced driving certificate. It'll cost £140 through IAM, but might reduce your premium, perhaps get some quotes to see if it makes enough of a difference to your situation. Can you swop your cars with a similar costing car which has a lower tax and insurance group?

The car insurance is 2 policies for 2 cars remember. Mine is around £600 a year and Dhs is around £800 this year. His breakdown cover is also included in that whereas mine is the seperate figure. Then we pay more because we pay monthly but no way of finding the money up front. My renewal was today actually and I shopped around extensively because its £15 a month more than last year, but it still came out the cheapest. Dh found the same when he renewed a few months ago. I'd love to find a way to make that cheaper because I think its ridiculous. I have 10 years NCD too. We don't live in the best area unfortunately which doesn't help our premiums.

Will look into the advanced driving certificate thanks. Didn't know that would make a difference.

Re cars I have been looking at whether we could save money by getting different cars but I've not been convinced yet. Neither of us drive gas guzzlers or high insurance group cars although they are both in the £165 tax band mainly due to their age I think. WIll keep looking.

jayss

Make sure you go through a cashback site when renewing insurance.

Jenjen

jayss wrote: »

Make sure you go through a cashback site when renewing insurance.

Thanks I always do when possible but because I renewed with same provider this time it wasn't possible unfortunately.