Self assessment for mileage relief

djwood1

Hello,

Quick Q.

I am in the process of claiming the mileage relief back for 2015-2016.

I have covered close to 16,000 miles at a combination of 18ppm and 13ppm.

I have received from my employer £2656.03 whilst at 45/25ppm the total would be £5932.48.

Difference is £3276.45 @ 20% is £655.29

Now do I claim this via a P87 or self assessment. Is the £2500 limit applied to what I'm physically claiming?

Thanks

redpete

"Only fill in this form [P87] if your allowable expenses are less than £2,500 for the year."

So you need to claim via SA submission.

djwood1

Thanks for clarifying. Thought as much, will begin the process. Hopefully it's not too difficult.

strong8096

we do SA each year just for mileage expenses alone taking employer contribution off , its very easy to do

[Deleted User]

Remember that you claim £3276, not £655 which, unfortunately, many do. HMRC will calculate the tax relief on the claim.