we currently get 40p a mile for work related travelling expenses (paid in arrears).
its been 40p since petrol was 80p a litre, its now generally 107.9p around here, and Im not to happy about covering the extra costs for work related travelling anymore
just been looking to see what HMRC recommends to see if I can ask for more but doesn't look like I can
http://www.hmrc.gov.uk/manuals/eimanual/EIM31240.htm
out of interest what do you guys get for your mileage allowance?
edit: found an interesting read about the closure of many petrol stations also http://news.bbc.co.uk/1/hi/magazine/7306967.stm
seems they dont make as much money as you would expect.
it sucks. its somthing goverment hasnt changed for a while.
It should be 50p a mile these days.
I get 40p a mile, and do about 3000 miles per month - but I get 85+mpg so it makes me a nice tidy little profit.
35 -36 gallons so maximum £165 a month on fuel, payback is £1200
So no complaints from me !
what on earth are you driving that costs more than 40p a mile in petrol?
youve got it backwards....
40p/mile is susposed to be the max.... emembering that youre only suposed to get back what it costs you (on average)
ok, theres tyres, tax, insurance, etc... but still... 40p/mile should be plenty enough ;-)
50p a mile here.
Knighty, you are missing out engine wear, joints on the vehicle, vibration damage. However I still thing that 40p a mile should be reasonable, providing you are paid wages for time on the road.
^^^ that was my "etc.." bit ;)
this financial YTD I have spent £22 on the ax outside of fuel.
With my new job I can claim it all back and to damn rights I will be if I need to use my car for company journeys
I get 40p a mile. I usually make a bit on it.
Quote from: CypherI get 40p a mile. I usually make a bit on it.
The AA guide for wear n tear - incl tax, insurance, etc. for the average mileage vehicle is over 40p