P11D claim form mileage backdated

butterfly2014

Hi,
Please can I get some advice. My husband has been advised by a work colleague that he can claim for mileage through the tax office via p11d forms.From what I can gather the tax office say an average mileage payment is 45p per mile whereas my husbands company pays 25p per mile. I have tried to complete the forms but they aren't exactly straight forward. I was hoping someone on here may have had a similar experience of completing these forms? Thanks in advance. 

Dazed_and_C0nfused

A P11d is a form that employers complete to declare company benefits such as a company car or medical insurance.

Do you mean a P87?

I don't think HMRC say 45p is an "average", it is the amount an employer can pay for business mileage without it being taxable.  Some employers pay less than 45p and that is where a P87 can be used.

Assuming it is a P87 which section are you having problems with?  And which tax year are you filling it in for?

Did the work colleague tell you HMRC would pay the difference between 25p and 45p?

Caz3121

the form you need is P87.
https://www.gov.uk/tax-relief-for-employees/vehicles-you-use-for-work
45p is the rate that hmrc use for the first 10,000 business miles then it drops to 25p
he would be claiming tax relief on the difference....
eg 5,000 miles @ 45p = £2,250 minus amount paid by employer (5,000 x 25p) £1,250 = difference of £1,000. If 20% taxpayer would receive £200, if 40% taxpayer would receive £400

butterfly2014

The forms I was given was a p11d.The form had 45p printed on it so I interpreted it wrongly.I assumed that was the average most companies paid.Yes his work colleague said that you could claim back the difference.

Thanks

Dazed_and_C0nfused

butterfly2014 said:

The forms I was given was a p11d.The form had 45p printed on it so I interpreted it wrongly.I assumed that was the average most companies paid.Yes his work colleague said that you could claim back the difference.

Thanks

I have no idea why they have told you to use the form P11d.  That is only for employers to complete (does your husband work for you?).

Maybe ask the colleague how the P11d is relevant?

And HMRC do not reimburse mileage.  He can claim tax relief on the difference which depending on what tax rate he is liable at is likely to be worth 4p/mile (20p x 20%).  But can be anywhere from 0p to, in extreme circumstances, 12p/mile.  But 4p or 8p is most likely.

Caz3121

butterfly2014 said:

The forms I was given was a p11d.The form had 45p printed on it so I interpreted it wrongly.I assumed that was the average most companies paid.Yes his work colleague said that you could claim back the difference.

you claim back tax relief of the difference (not the difference £)
P11D is the form used by employers to report benefits to HMRC https://www.gov.uk/government/publications/paye-end-of-year-expenses-and-benefits-p11d

butterfly2014

Ok thanks. I'm going to have a look.He has kept a record of all his mileage.He does around 30,000 miles a year and we were told that they will backdate it 5 years so I'm hoping it will be worth doing. 

Dazed_and_C0nfused

He can claim for the current tax year and 4 previous tax years.

But the earliest year (2015:16) must be claimed by 5 April 2020 so I suggest you focus on that year and make sure the P87 is with HMRC by then or he will have missed out on that year.

Once that one is down you have a bit if breathing space to do the others.

sheramber

Your employer is required to give a copy of the P11D  each year, by 6 July.
You use the information on it to complete your claim for tax relief.

butterfly2014

I just clicked on the link and after reading it says if the expenses total more than £2500 he has to do a self assessment?

Dazed_and_C0nfused

Have you actually worked out what he will be claiming?

Given that they are paying 25p/mile he won't be getting anything for the miles over the first 10k