Tax back on business mileage
Discussion
I have been working for a company for 12 months and this is the first time i have not received the full amount for my mileage.
Currently i receive 18p per mile. (this was 16p up to September)
In the past 12 months i have covered 6142 business miles and have been informed by one of my colleagues that i can claim the difference between 16/18p and the 40/45p that the government rates are set at.
I have calculated the value of the difference from what i get paid to what the government pay to be £1718.71. (£2742 - £1023)
I am a 40% tax earner so i believe that i should be owed £687.48.
How do i go about claiming this as i have never done this before is it the p87 or do i need tax assessment?
Thanks
Currently i receive 18p per mile. (this was 16p up to September)
In the past 12 months i have covered 6142 business miles and have been informed by one of my colleagues that i can claim the difference between 16/18p and the 40/45p that the government rates are set at.
I have calculated the value of the difference from what i get paid to what the government pay to be £1718.71. (£2742 - £1023)
I am a 40% tax earner so i believe that i should be owed £687.48.
How do i go about claiming this as i have never done this before is it the p87 or do i need tax assessment?
Thanks
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