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Petrol Money
- Thread starter stavros
- Start date
johnny on the spot
Well-Known Member
- Joined
- 19 Jul 2006
- Messages
- 24,748
mindmyp's_n_q's said:It used to be 40p but went up to 45p in 2011. JOTS you need to start claiming more.
<a class="postlink" href="http://www.hmrc.gov.uk/rates/travel.htm" onclick="window.open(this.href);return false;">http://www.hmrc.gov.uk/rates/travel.htm</a>
To quote Clay Davis:
[bigimg]http://i.imgur.com/uUlOR.gif[/bigimg]
andyhinch
Well-Known Member
45p a mile mate on tax think they've standardised it, instead of amounts for different engine sizes, could be wrong about that bit. Over 2 litre 45p defiantly
billfromthehill
Well-Known Member
My old manager got promised 45 then got (after 2yrs) 20p be carful they seem to move the goal posts a lot more these days and check when you receive your fuel money the faster the
Better .
Better .
andyhinch
Well-Known Member
45p a mile only just covers the cost of the fuel :(billfromthehill said:My old manager got promised 45 then got (after 2yrs) 20p be carful they seem to move the goal posts a lot more these days and check when you receive your fuel money the faster the
Better .
billfromthehill
Well-Known Member
That's what I'm talkin about.andyhinch said:45p a mile only just covers the cost of the fuel :(billfromthehill said:My old manager got promised 45 then got (after 2yrs) 20p be carful they seem to move the goal posts a lot more these days and check when you receive your fuel money the faster the
Better .
andyhinch said:45p a mile mate on tax think they've standardised it, instead of amounts for different engine sizes, could be wrong about that bit. Over 2 litre 45p defiantly
Are you the real Andy Hinch ?
If so I saw you jogging the other day and gave you a beep.
NipHolmes
Well-Known Member
Depends on employer themselves to pay the full rate of 45p but my place does 20p.
Self employed and I believe it's 10k miles at 45p and thereafter ate 25p.
If you're a p.a.y.e and use your personal car for work journeys other than commute to set workplace, then you get paid by your employer by cash or via wages and at the end of teh year you should send a P87 to HMRC to claim back the difference if your employer pays less than 45p. You will get a fifth back via tax relief on the amount.
I recently did the latter so pretty clued up on this.
Self employed and I believe it's 10k miles at 45p and thereafter ate 25p.
If you're a p.a.y.e and use your personal car for work journeys other than commute to set workplace, then you get paid by your employer by cash or via wages and at the end of teh year you should send a P87 to HMRC to claim back the difference if your employer pays less than 45p. You will get a fifth back via tax relief on the amount.
I recently did the latter so pretty clued up on this.
kinkysleftfoot
Well-Known Member
stavros said:Evening everyone.
Just a bit of advice needed here.
I did a job the other week and got promised petrol money.
What is the going rate these days?
The guy has said 20p/mile ...
Any help would be appreciated
There is no going rate......I know firms that pay between 15p and 45p