Ahhh sweet revenge
Discussion
Had a slight disagreement with my boss today over him making me go on a s
tty, boring 2 hour training course next week 30 miles away, and him refusing to pay more that 32p a mile, which doesn't even cover the fuel of a 5.4L AMG Merc!
Oh and I'm leaving the company in jan. which he knows, so kind of pointless going anyway.
But the discussion resulted in being told I either drive my car at 32p a mile or catch a bus or train and claim cost.
Just looked at rail times and prices, and will cost £26 for both legs, and take up about 6 hours of the working day in waiting and train time as there is a switch both ways, and only a train every 2 hours.
So instead of a 30 min drive each way and 6 hours back at work, I will be spending the majority of my working day doing nothing
If only he had offered another 10p a mile, can't wait to submit the claim
tty, boring 2 hour training course next week 30 miles away, and him refusing to pay more that 32p a mile, which doesn't even cover the fuel of a 5.4L AMG Merc!Oh and I'm leaving the company in jan. which he knows, so kind of pointless going anyway.
But the discussion resulted in being told I either drive my car at 32p a mile or catch a bus or train and claim cost.
Just looked at rail times and prices, and will cost £26 for both legs, and take up about 6 hours of the working day in waiting and train time as there is a switch both ways, and only a train every 2 hours.
So instead of a 30 min drive each way and 6 hours back at work, I will be spending the majority of my working day doing nothing
If only he had offered another 10p a mile, can't wait to submit the claim
Condi said:
This might not go the way you want, but employers can offer anything they like and HMRC will make it up to 45ppm by way of tax benefits in the next tax year.
Oh, and you sound like a knob.
Not correct I am afraid. It's tax relief on the difference. Hmrc don't put you back in position you would have been had your employer paid you at 45p.Oh, and you sound like a knob.
So you're leaving the company, and appear to be revelling at the prospect of scoring points against your boss?
I bet you're not the only one for whom January can't come quick enough.
And this "disagreement"....did it consist of you whining to your boss a bit, him telling you how it's gonna be, you backing down and agreeing with him, then once he's out of earshot telling everyone how you had a "disagreement"?
I bet you're not the only one for whom January can't come quick enough.
And this "disagreement"....did it consist of you whining to your boss a bit, him telling you how it's gonna be, you backing down and agreeing with him, then once he's out of earshot telling everyone how you had a "disagreement"?
Edited by anonymous-user on Saturday 23 November 05:01
The OP is starting his own business so may be more empathic if he has to pay employees expenses however he may also have greater ability to be flexible.
Many "bosses" find themselves in positions where policy stops them opting for the best option.
Sweet revenge would be doing the fraudulent thing of buying the train tickets, using his car and using the time for himself.
If I was in that position, I'd just take the car and accept the loss. Then again, I work for a company that offers a lot of give and take so I wouldn't feel too bad subsidising the company when there are other times the company subsidises me.
Bad feeling over stuff like this is not worth it.
Good luck with your new venture OP.
Many "bosses" find themselves in positions where policy stops them opting for the best option.
Sweet revenge would be doing the fraudulent thing of buying the train tickets, using his car and using the time for himself.
If I was in that position, I'd just take the car and accept the loss. Then again, I work for a company that offers a lot of give and take so I wouldn't feel too bad subsidising the company when there are other times the company subsidises me.
Bad feeling over stuff like this is not worth it.
Good luck with your new venture OP.
Why don't you cycle the 30 miles. You can claim (from memory) 24p per mile, it'll fill your day so you don't have to do as much work and the company can't argue about it without losing face in the green credentials arena.
OR, you could be happy that a company still values you enough to invest in your education and get the fk on with it in the way they have asked you to?
Either way.
OR, you could be happy that a company still values you enough to invest in your education and get the f
k on with it in the way they have asked you to?Either way.
Crossflow Kid said:
So you're leaving the company, and appear to be revelling at the prospect of scoring points against your boss?
I bet you're not the only one for whom January can't come quick enough.
And this "disagreement"....did it consist of you whining to your boss a bit, him telling you how it's gonna be, you backing down and agreeing with him, then once he's out of earshot telling everyone how you had a "disagreement"?
My commuter weirdo friend is correct. I bet you're not the only one for whom January can't come quick enough.
And this "disagreement"....did it consist of you whining to your boss a bit, him telling you how it's gonna be, you backing down and agreeing with him, then once he's out of earshot telling everyone how you had a "disagreement"?
Edited by Crossflow Kid on Saturday 23 November 05:01
touching cloth said:
Condi said:
This might not go the way you want, but employers can offer anything they like and HMRC will make it up to 45ppm by way of tax benefits in the next tax year.
Oh, and you sound like a knob.
Not correct I am afraid. It's tax relief on the difference. Hmrc don't put you back in position you would have been had your employer paid you at 45p.Oh, and you sound like a knob.
I get 15ppm from my employer and was told that HMRC would make the difference? Whats the difference between tax relief and ..... um.... not tax relief?
Your company pays 32p/mile.
If you had a Prius that cost 10p a mile would you be turning down 22p/mile?
It's not your employers job to compensate you for driving such a thirsty car any more than you should be refunding them for driving an economical car. That's your choice.
Incidentally, my 3.0 V6 auto uses 20p of petrol a mile. If your car is using more than double that maybe you need to get it looked at.
If you had a Prius that cost 10p a mile would you be turning down 22p/mile?
It's not your employers job to compensate you for driving such a thirsty car any more than you should be refunding them for driving an economical car. That's your choice.
Incidentally, my 3.0 V6 auto uses 20p of petrol a mile. If your car is using more than double that maybe you need to get it looked at.
Edited by Ari on Saturday 23 November 10:57
Condi said:
touching cloth said:
Condi said:
This might not go the way you want, but employers can offer anything they like and HMRC will make it up to 45ppm by way of tax benefits in the next tax year.
Oh, and you sound like a knob.
Not correct I am afraid. It's tax relief on the difference. Hmrc don't put you back in position you would have been had your employer paid you at 45p.Oh, and you sound like a knob.
I get 15ppm from my employer and was told that HMRC would make the difference? Whats the difference between tax relief and ..... um.... not tax relief?
I think the money that your employer pays you is where the 'tax relief' thing comes in - You won't get taxed on expenses payments you receive from your employer in the same way as you do on your salary (you don't 'earn' expenses, they're a reimbursable cost to you so you have already paid tax on the money you earned which bought the 'expenseable' item). You could then get into a whole host of complicated crap such as what is actually a VAT-able item (parking in a multi-storey is, parking on the street isn't!!), but I reckon that should be for another time!
It's probably a bit more in depth than that, but in essence, if your employer is only paying 15ppm (fekking low IMO), that is it. But as a very kind bonus, you will get to keep every penny of it!
The way I understood it - and I could be very very wrong here - is that the rate is set at 45ppm by HMRC. They will make good any lower payment by way of changing next year's tax code.
So, if I get paid 20ppm by my employer, and do 1000 miles, I get £200 from work, then HMRC reduce my tax code by £250, effectively 'giving' me the extra 25ppm to make it up to 45ppm?
This is what HMRC says on the matter, although I cant make head nor tail of it?
For example, you use your own car for 900 business miles and your employer pays you 30p per mile. The approved amount is £405 (900 times 45p). The allowance you get from your employer is £270 (900 times 30p). Your Mileage Allowance Relief is £135 (£405 less £270). The Mileage Allowance Relief will reduce the amount of income you pay tax on, so your tax bill will reduce by £135 at 20% (if you're a basic rate taxpayer) or at 40% (if you're a higher rate taxpayer) and at 50% (if you're an additional rate taxpayer)
Although by the looks of things, maybe I only get 20%/40%/50% of the extra?
Complicated st....
So, if I get paid 20ppm by my employer, and do 1000 miles, I get £200 from work, then HMRC reduce my tax code by £250, effectively 'giving' me the extra 25ppm to make it up to 45ppm?
This is what HMRC says on the matter, although I cant make head nor tail of it?
For example, you use your own car for 900 business miles and your employer pays you 30p per mile. The approved amount is £405 (900 times 45p). The allowance you get from your employer is £270 (900 times 30p). Your Mileage Allowance Relief is £135 (£405 less £270). The Mileage Allowance Relief will reduce the amount of income you pay tax on, so your tax bill will reduce by £135 at 20% (if you're a basic rate taxpayer) or at 40% (if you're a higher rate taxpayer) and at 50% (if you're an additional rate taxpayer)
Although by the looks of things, maybe I only get 20%/40%/50% of the extra?
Complicated s
t.... Condi said:
The way I understood it - and I could be very very wrong here - is that the rate is set at 45ppm by HMRC. They will make good any lower payment by way of changing next year's tax code.
So, if I get paid 20ppm by my employer, and do 1000 miles, I get £200 from work, then HMRC reduce my tax code by £250, effectively 'giving' me the extra 25ppm to make it up to 45ppm?
This is what HMRC says on the matter, although I cant make head nor tail of it?
For example, you use your own car for 900 business miles and your employer pays you 30p per mile. The approved amount is £405 (900 times 45p). The allowance you get from your employer is £270 (900 times 30p). Your Mileage Allowance Relief is £135 (£405 less £270). The Mileage Allowance Relief will reduce the amount of income you pay tax on, so your tax bill will reduce by £135 at 20% (if you're a basic rate taxpayer) or at 40% (if you're a higher rate taxpayer) and at 50% (if you're an additional rate taxpayer)
Although by the looks of things, maybe I only get 20%/40%/50% of the extra?
Complicated st....
So why don't companies just pay 1p a mile and let the tax office pay the rest?So, if I get paid 20ppm by my employer, and do 1000 miles, I get £200 from work, then HMRC reduce my tax code by £250, effectively 'giving' me the extra 25ppm to make it up to 45ppm?
This is what HMRC says on the matter, although I cant make head nor tail of it?
For example, you use your own car for 900 business miles and your employer pays you 30p per mile. The approved amount is £405 (900 times 45p). The allowance you get from your employer is £270 (900 times 30p). Your Mileage Allowance Relief is £135 (£405 less £270). The Mileage Allowance Relief will reduce the amount of income you pay tax on, so your tax bill will reduce by £135 at 20% (if you're a basic rate taxpayer) or at 40% (if you're a higher rate taxpayer) and at 50% (if you're an additional rate taxpayer)
Although by the looks of things, maybe I only get 20%/40%/50% of the extra?
Complicated s
t.... All the tax office do is not tax your income on the remainder effectively.
Hmrc pay you the difference between the ppm your employer gives you and the Hmrc suggested level but multiply this by your marginal tax rate ie if the difference is 30 p and you drive 100 miles and you are earning into the 40% bracket then they give you £12 if you claim. If you think about it they are broadly passing on the extra corporation tax that the company paid by not giving you full whack ie the less they reimburse, the higher their profit, the higher their tax but the tax is only a % of the profit so I think that's part of the rationale.
Btw - can't really understand moaning about this if you have a 5.4l merc. If you were that precious about money surely you'd be concerned about your weekend fuel cost? Or is this a wind up? As others have said, it's give and take. It's like me travelling long haul for work on a Sunday but having much of our holidays being paid for on avios.
Btw - can't really understand moaning about this if you have a 5.4l merc. If you were that precious about money surely you'd be concerned about your weekend fuel cost? Or is this a wind up? As others have said, it's give and take. It's like me travelling long haul for work on a Sunday but having much of our holidays being paid for on avios.
gl20 said:
Btw - can't really understand moaning about this if you have a 5.4l merc. If you were that precious about money surely you'd be concerned about your weekend fuel cost?
I suspect he doesn't mind spending his hard earned on his weekend, but prefers not to have to spend it on a training course when he's about to leave the job. I can understand that.R1 Indy said:
... training course next week 30 miles away ...
R1 Indy said:
... a 5.4L AMG Merc! ...
R1 Indy said:
... 32p a mile ...
R1 Indy said:
... If only he had offered another 10p a mile ...
Hold on a sec OP ...... you proudly announce that you drive a 5.4L AMG Merc ...
... and, in the same post, bleat about a matter of £6 ...
[/perspective]
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