How to be a petrol dieter

ani_26

I was meaning its always useful to have your own petrol receipt.


Good luck with it, anyway.

I must do my own. Urgh

FireWyrm

Well, you'll know what you need to be doing for this year won't you. Get yourself a double accounting book or similar and keep your receipts, or copies at least. You can also claim for lots of other stuff on that form like overnight business stays and meals etc. In fact, anything that benefited your employer but you had to pay up front for could be tax deductible. I advise you to either learn via Google or befriend an accountant, it's amazing what you can get from HMRC if you know the system.

sistafromanothermista

FireWyrm wrote: »

Well, you'll know what you need to be doing for this year won't you. Get yourself a double accounting book or similar and keep your receipts, or copies at least. You can also claim for lots of other stuff on that form like overnight business stays and meals etc. In fact, anything that benefited your employer but you had to pay up front for could be tax deductible. I advise you to either learn via Google or befriend an accountant, it's amazing what you can get from HMRC if you know the system.

well i've just totalled up the mileage (so far rest is at the office) and it's come in at 3822 miles (scary) it says to x this by 45p then minus the total (in £) paid

difference is £800 does this sound about right? sounds wrong to me...

ani_26

FireWyrm wrote: »

Well, you'll know what you need to be doing for this year won't you. Get yourself a double accounting book or similar and keep your receipts, or copies at least. You can also claim for lots of other stuff on that form like overnight business stays and meals etc. In fact, anything that benefited your employer but you had to pay up front for could be tax deductible. I advise you to either learn via Google or befriend an accountant, it's amazing what you can get from HMRC if you know the system.

I've been told that if you have claimed for overnight business stays and meals etc, and you've paid up front but then been reimbursed by your employer, you can't reclaim it for tax purposes, so that one needs checking out.

sistafromanothermista

Plus (sorry) my hubby just said that surely if work have claimed back the vat/ tax on it then i surely won't be able to?

ani_26

Tarrah, off to do my own mileage claim, methinks :rotfl::wave::whistle:

sistafromanothermista

sistafromanothermista wrote: »

well i've just totalled up the mileage (so far rest is at the office) and it's come in at 3822 miles (scary) it says to x this by 45p then minus the total (in £) paid

difference is £800 does this sound about right? sounds wrong to me...

Any ideas? and surely this does't reflect what the rebate is?

dumpy

You'll get the tax back on the difference between what your employer paid you and the allowed rate, not the full amount, so 20% of that.

FireWyrm

Yes Sista, that looks about right. Just fill it out and send it in. You'll pay tax on it, but hey ho, thats £600 you wouldn't have had otherwise.

ani_26

Now, that's the bit i find frustrating, as i'm only classed as self employed, when it suits. By rights, i shouldn't have to pay tax on expenses, i.e. mileage. As a matter of interest, I wonder if mp's pay tax on their expenses?