tax relief - mileage - help please

[coetzeeh]

I am finalising my self assessment and want to sense check my mileage relief claim pse.

I travelled 22k business miles during the tax year:

10k miles claimed at 45p = £4,500.00
12k miles claimed at 25p = £3,000.00
Total £7,500.00

I am in the 40% tax category so £7,500.00 - £3,000.00 = £4,500.00

My employer paid me 15p per mile for all of the 22k miles = £3,300.00

Am I correct in asking for relief of £1,200.00?

Many thanks.

[CaptainSlow]

coetzeeh said:

I am finalising my self assessment and want to sense check my mileage relief claim pse.

I travelled 22k business miles during the tax year:

10k miles claimed at 45p = £4,500.00
12k miles claimed at 25p = £3,000.00
Total £7,500.00

I am in the 40% tax category so £7,500.00 - £3,000.00 = £4,500.00

My employer paid me 15p per mile for all of the 22k miles = £3,300.00

Am I correct in asking for relief of £1,200.00?

Many thanks.

No, assuming 11/12 and your own car.

AMAPS = £7,500, amount claimed from employer £3,300 therefore you can claim the balance on your return of £4,200...will equate to £1,680 off your tax bill.

[coetzeeh]

Thanks very much,

Yes my own car.

[sumo69]

Captain Slow was faster than me in replying, but I can confirm his reply is wholly correct.

David

[Terminator X]

Wow your company are major s with that mileage rate?!

TX.

[750turbo]

Terminator X said:

Wow your company are major s with that mileage rate?!

TX.

He may be in receipt of a car allowance, hence the lower rate? Or perhaps has a company car, but no fuel card?

[coetzeeh]

Yes I get a generous car perk cash car allowance.

[Jimnic007]

Sorry for the thread hijack, but I have a company car and have claimed c22,000miles at 15p through company expenses, can I claim further relief through my SA return as a higher rate tax payer?
Thanks in advance,
James

[Deva Link]

As it's a company car, no.