Using own car for work.

cyclonebri1

chriscuk18 wrote: »

No, the Car is returned daily.

Something not quite adding up


Just for info, may not help you but usefull anyway, I used to claim mileage for the use of my car for collecting supplies, attending exhibitons, courses etc. Probably only ever 1K miles/annum max. My insurer, Directline, told me that on this basis if the total annual mileage covered was under the figure I gave on the proposal, then there would be no extra charge. I received a new policy document to that effect. Nice for once;)

System

chriscuk18 wrote: »

No, the Car is returned daily.

However because it is kept at your address overnight then it can not be classed as a pool car and will be classed as a company car by HMRC.

See condition 4 in LandyAndy's link. Any one of those conditions failing means that it is not a pool car

cajef

chriscuk18 wrote: »

Hi Everyone

Ok.. I'm currently using a company Pool Car to travel from my home address to my place of work. I've been asked by the managers to cost up how much it would actually cost to start using my own car to travel to work.

From my home address to leeds = 60miles Return (30 each way)

If you are using a company supplied vehicle for private use, i.e. commuting from your workplace to home and back, this should be declared to HMRC and you will be taxed as it is a benefit in kind, your company should inform HMRC otherwise they are breaking the law, maybe this is why they want you to use your own vehicle.

http://www.hmrc.gov.uk/manuals/eimanual/EIM23800.htm

http://www.hmrc.gov.uk/manuals/eimanual/EIM23801.htm

http://www.hmrc.gov.uk/manuals/eimanual/EIM23080.htm

Andy_L

The AA provide this data on the cost of running a car which may help:
http://www.theaa.com/motoring_advice/running_costs/index.html

AdrianHi

cyclonebri1 wrote: »

Something not quite adding up


Just for info, may not help you but usefull anyway, I used to claim mileage for the use of my car for collecting supplies, attending exhibitons, courses etc. Probably only ever 1K miles/annum max. My insurer, Directline, told me that on this basis if the total annual mileage covered was under the figure I gave on the proposal, then there would be no extra charge. I received a new policy document to that effect. Nice for once;)

Direct Line and many other insurers (but not all) do not charge extra for business use though you do need to advise them.
Since around 1994/1995 Direct Line have never charged me or my wife extra for business use and we have never had to declare a business use mileage allowance.
It could be that Direct Line have changed the rules and because we have been long term existing customers we get the benefit of most of the terms and conditions that were in force when we first started doing business with them.

leehal

chriscuk18 wrote: »

No, the Car is returned daily.

How can the car be returned daily ?

Surely it is being stored at your home address if you drive home in it on a night ?