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Author Expenses For Using Own Car on Company Business
Darren
Member
Registered: 21st Apr 02
Location: Hadleigh, Suffolk
User status: Offline
2nd Mar 05 at 09:48   View User's Profile U2U Member Reply With Quote
Anyone know what the standard pence per mile is? I think it was stated by the Inland Revenue or something but couldnt find anything?! I think there were two rates - dpending on engine size...

CHeers
Melville
Member
Registered: 4th Jun 03
Location: Newcastle upon Tyne
User status: Offline
2nd Mar 05 at 09:49   View User's Profile U2U Member Reply With Quote
40p for the first 10,000 miles, 25p for the rest.
Melville
Member
Registered: 4th Jun 03
Location: Newcastle upon Tyne
User status: Offline
2nd Mar 05 at 09:49   View User's Profile U2U Member Reply With Quote
^^^ that is tax free by the way
purple_corsa_gls
Member
Registered: 25th May 04
Location: Near Sunderland
User status: Offline
2nd Mar 05 at 10:01   View User's Profile U2U Member Reply With Quote
My company (stingy bastard accountants) pay 35p a mile
Claire
Member
Registered: 19th Jan 03
Location: The Sarrrf
User status: Offline
2nd Mar 05 at 10:01   View User's Profile U2U Member Reply With Quote
The standard is 26p/mile at the moment isn't it? Thats what my uni pays students anyway...
Melville
Member
Registered: 4th Jun 03
Location: Newcastle upon Tyne
User status: Offline
2nd Mar 05 at 10:02   View User's Profile U2U Member Reply With Quote
its up to the cmpany but you can claim the rest back from the Inland Revenue
Bart
Member
Registered: 19th Aug 02
Location: Midsomer Norton, Bristol Avon
User status: Offline
2nd Mar 05 at 10:45   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Claire
The standard is 26p/mile at the moment isn't it? Thats what my uni pays students anyway...


Yep

 
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