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Online Expenses Claim (P87) vs Self-Assessment for milage claim over £2500
SapphirePenguin76
Posts: 1 Newbie
in Cutting tax
Hi all,
I normally claim tax relief on my work mileage via the online portal (P87). This year the amount I'm claiming relief on is £2520 which puts me just over the limit for the online form and means I have to submit a self-assessment form. I have never done a self-assessment form before and it looks like yet another piece of "life admin" I could really do without!
- I'd be happy forgoing the £20 difference - is it allowed to just claim £2500 worth of milage?
- Is the self-assessment form onerous to complete?
- Have I missed the deadline for the self-assessment form in any event?
Thanks in advance folks!
I normally claim tax relief on my work mileage via the online portal (P87). This year the amount I'm claiming relief on is £2520 which puts me just over the limit for the online form and means I have to submit a self-assessment form. I have never done a self-assessment form before and it looks like yet another piece of "life admin" I could really do without!
- I'd be happy forgoing the £20 difference - is it allowed to just claim £2500 worth of milage?
- Is the self-assessment form onerous to complete?
- Have I missed the deadline for the self-assessment form in any event?
Thanks in advance folks!
0
Comments
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The deadline to file a self assessment tax return for 2022/23 is 31 January 2024. You should register by 5 October 2023. See:
https://www.gov.uk/register-for-self-assessment/not-self-employed
Unless your mileage is always going to exceed £2,500, I'd be tempted just to claim the maximum on the P87.0 -
You have already done the hardest part, completing a Self Assessment return will usually be pretty straightforward for an employee with no other complications.SapphirePenguin76 said:Hi all,
I normally claim tax relief on my work mileage via the online portal (P87). This year the amount I'm claiming relief on is £2520 which puts me just over the limit for the online form and means I have to submit a self-assessment form. I have never done a self-assessment form before and it looks like yet another piece of "life admin" I could really do without!
- I'd be happy forgoing the £20 difference - is it allowed to just claim £2500 worth of milage?
- Is the self-assessment form onerous to complete?
- Have I missed the deadline for the self-assessment form in any event?
Thanks in advance folks!
The final deadline for submitting a return for 2022-23 is years away.
But ideally you would register and complete the return during the next few months rather than leaving it for the future. Once you have been issued with a notice to file the return you have at least 3 months to complete it, longer if it's issued before the end of October 2022.
I doubt HMRC would be suspicious of anyone claiming exactly £2,500 on a P87 🙄0 -
I doubt very much that they have the time, resources or the inclination to look at such things. I imagine quite a lot of people file claims of £2,500 just to avoid self assessment. If they do ask, you explain. It would be much harder to justify putting in £2,498 if they asked.0
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