Claimable petrol allowance
Claimable petrol allowance
Author
Discussion

softtop

3,161 posts

270 months

Tuesday 21st November 2006
quotequote all
40p for the first 10,000 miles and then 25p for all miles after that.

Smartie

2,623 posts

296 months

Tuesday 21st November 2006
quotequote all
the 63p rate finished in about 2001 I think. As already stated, rate is now 40p/25p regardless of engine size.

mattyboy101

16,664 posts

241 months

Tuesday 21st November 2006
quotequote all
AFAIK, you can claim more but will be taxed on the excess.

oggs

8,815 posts

277 months

Tuesday 21st November 2006
quotequote all
softtop said:
40p for the first 10,000 miles and then 25p for all miles after that.


yes

Smartie

2,623 posts

296 months

Tuesday 21st November 2006
quotequote all
mattyboy101 said:
AFAIK, you can claim more but will be taxed on the excess.


Your employe can pay you at whatever rate they wish - but yes, this is the maximum you can receive tax free. These are also the recommended (by AA/RAC etc) rates and are what the majority of employers pay and what is seen to be reasonable.