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Is mileage expense taxable?
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Dazed_and_confused wrote: »No. You can only claim the mileage from your employer. You can claim tax relief from HMRC.
So an expenses claim of £500 would normally save you anything from £0 to £200. Often £100. Could be more than £200 in exceptional circumstances.
Agreed. Lest there is confusion I was stating what is entered on the return, not the tax claimable.0 -
It seems to be a recurring theme on here, employers paying less than 45p/mile and advising staff they can claim the difference from HMRC. Without mentioning it is tax relief on the difference. Which for some low earners might be worth exactly £00
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