Personal mileage rate for a plug in hybrid company car
Discussion
Hi all
My employer currently provides us with a 2l diesel Skoda superb estate (when they can actually get any)
We get a fuel card and have the option of using the car for personal use and paying the relevant tax. We then pay back a rate per mile for the personal use, I currently have a 1.6d passat so pay 11p a mile I think.
They are considering a plug in hybrid such as the Skoda superb estate IV. Passat GTE etc.
For people who have a plug in hybrid as a company car, what do you pay back for your fuel used for personal mileage?
Information I can find says you pay back at the same rate as a normal petrol or diesel. This seems a little odd as if I have plugged it in and charged the battery then drive to town, a couple of miles each way, this could be done on fully electric so no fuel but I will still have to pay back the mileage amount even though I payed for the electricity.
If you have a car like this does your company subsidise your electricity to charge the car?
I know in the long run the hybrid would be way cheaper in BIK for tax. My current Passat sets me back best part of 300 quid a month, the hybrid would be around 100.
Any one run a plug in hybrid as a company car that can answer any of these questions.
Thanks
My employer currently provides us with a 2l diesel Skoda superb estate (when they can actually get any)
We get a fuel card and have the option of using the car for personal use and paying the relevant tax. We then pay back a rate per mile for the personal use, I currently have a 1.6d passat so pay 11p a mile I think.
They are considering a plug in hybrid such as the Skoda superb estate IV. Passat GTE etc.
For people who have a plug in hybrid as a company car, what do you pay back for your fuel used for personal mileage?
Information I can find says you pay back at the same rate as a normal petrol or diesel. This seems a little odd as if I have plugged it in and charged the battery then drive to town, a couple of miles each way, this could be done on fully electric so no fuel but I will still have to pay back the mileage amount even though I payed for the electricity.
If you have a car like this does your company subsidise your electricity to charge the car?
I know in the long run the hybrid would be way cheaper in BIK for tax. My current Passat sets me back best part of 300 quid a month, the hybrid would be around 100.
Any one run a plug in hybrid as a company car that can answer any of these questions.
Thanks
Cpl nobby nobbs said:
Hi all
My employer currently provides us with a 2l diesel Skoda superb estate (when they can actually get any)
We get a fuel card and have the option of using the car for personal use and paying the relevant tax. We then pay back a rate per mile for the personal use, I currently have a 1.6d passat so pay 11p a mile I think.
They are considering a plug in hybrid such as the Skoda superb estate IV. Passat GTE etc.
For people who have a plug in hybrid as a company car, what do you pay back for your fuel used for personal mileage?
Information I can find says you pay back at the same rate as a normal petrol or diesel. This seems a little odd as if I have plugged it in and charged the battery then drive to town, a couple of miles each way, this could be done on fully electric so no fuel but I will still have to pay back the mileage amount even though I payed for the electricity.
If you have a car like this does your company subsidise your electricity to charge the car?
I know in the long run the hybrid would be way cheaper in BIK for tax. My current Passat sets me back best part of 300 quid a month, the hybrid would be around 100.
Any one run a plug in hybrid as a company car that can answer any of these questions.
Thanks
I moved from a Skoda Superb 2.0 diesel estate to an octavia 1.4 plug in hybrid estate, saved on my BIK, i never charge it up, private mileage is 13p a mile.My employer currently provides us with a 2l diesel Skoda superb estate (when they can actually get any)
We get a fuel card and have the option of using the car for personal use and paying the relevant tax. We then pay back a rate per mile for the personal use, I currently have a 1.6d passat so pay 11p a mile I think.
They are considering a plug in hybrid such as the Skoda superb estate IV. Passat GTE etc.
For people who have a plug in hybrid as a company car, what do you pay back for your fuel used for personal mileage?
Information I can find says you pay back at the same rate as a normal petrol or diesel. This seems a little odd as if I have plugged it in and charged the battery then drive to town, a couple of miles each way, this could be done on fully electric so no fuel but I will still have to pay back the mileage amount even though I payed for the electricity.
If you have a car like this does your company subsidise your electricity to charge the car?
I know in the long run the hybrid would be way cheaper in BIK for tax. My current Passat sets me back best part of 300 quid a month, the hybrid would be around 100.
Any one run a plug in hybrid as a company car that can answer any of these questions.
Thanks
Work have asked me to charge it at home and claim the money back on my expenses, I dont want to do that as running a cable through my window isnt something i want to do, I also have a fuel card.
Bare in mind if you do plenty of miles in one the fuel tank is very small and the MPG is worse than the diesel, if your only travelling a few miles a day you cn of course use electricity
I am also confused by this and how I can be reimbursed by my employer. currently in a petrol and get 25p back from them and then claim the tax relief on the rest, nothing new there.
Am considering moving to an X5 hybrid. On my expenses I have to show start and end mileage for the month and then list all business trips, the other mileage I do is obviously then personal.
The X5 is a petrol hybrid so I will continue to get the 25p but a lot of my trips are less than 10 miles (personal) and I can do that on electric.
If I keep charging it at home and using electric only locally I will still end up paying a percentage of my petrol bill as it will just count as personal miles but I am not being refunded the electric overall.
How do you calculate that? do I just not buy a hybrid? No idea how much it will cost to charge even if it only has a 19 miles range and takes 4 hours on a 3 pin plug but I will end up paying for those personal miles twice if that makes sense?
Would be nice if you could separate the electric charging cost from the electric bill but it will got lost.
Any ideas?
Am considering moving to an X5 hybrid. On my expenses I have to show start and end mileage for the month and then list all business trips, the other mileage I do is obviously then personal.
The X5 is a petrol hybrid so I will continue to get the 25p but a lot of my trips are less than 10 miles (personal) and I can do that on electric.
If I keep charging it at home and using electric only locally I will still end up paying a percentage of my petrol bill as it will just count as personal miles but I am not being refunded the electric overall.
How do you calculate that? do I just not buy a hybrid? No idea how much it will cost to charge even if it only has a 19 miles range and takes 4 hours on a 3 pin plug but I will end up paying for those personal miles twice if that makes sense?
Would be nice if you could separate the electric charging cost from the electric bill but it will got lost.
Any ideas?
Edited by interstellar on Thursday 9th June 12:56
Yep that is the bit that is confusing me.
Mine is slightly different as I have a fuel card so they pay for all fuel and I pay them back for the private miles but the question is the same, if I charge the car and pay for the electricity, then drive only on electric for a personal journey I am sort of paying for it twice.
Our fleet manager doesn't have a clue!
Mine is slightly different as I have a fuel card so they pay for all fuel and I pay them back for the private miles but the question is the same, if I charge the car and pay for the electricity, then drive only on electric for a personal journey I am sort of paying for it twice.
Our fleet manager doesn't have a clue!
Cpl nobby nobbs said:
Yep that is the bit that is confusing me.
Mine is slightly different as I have a fuel card so they pay for all fuel and I pay them back for the private miles but the question is the same, if I charge the car and pay for the electricity, then drive only on electric for a personal journey I am sort of paying for it twice.
Our fleet manager doesn't have a clue!
I see, you are right its the same. No incentive to use the hybrid at all. might be cheaper for us to just pay the % of overall fuel bill as personal miles and forget electric.Mine is slightly different as I have a fuel card so they pay for all fuel and I pay them back for the private miles but the question is the same, if I charge the car and pay for the electricity, then drive only on electric for a personal journey I am sort of paying for it twice.
Our fleet manager doesn't have a clue!
Seems an odd one as I really want the hybrid but the car is more expensive and if my electric bill goes up £50 per month due to charging that makes me worse off?
I think I might have solved my problem. I really don't want to buy the diesel as I think residuals are only going to go one way now in my opinion.
I might just get the hybrid as the petrol suits me more and just regenerate the battery in sport mode whilst driving which will be use the petrol engine to charge it which in turn the company pays me the mileage for.
I will therefore not need to plug in at home and not have to pay for the electric myself, its not the best way to do it environmentally but it works for me and is better than me paying for the electric and not getting refunded.
I can also do the short journeys on electric only without borking the DPF in a diesel.
sound like a plan?
I might just get the hybrid as the petrol suits me more and just regenerate the battery in sport mode whilst driving which will be use the petrol engine to charge it which in turn the company pays me the mileage for.
I will therefore not need to plug in at home and not have to pay for the electric myself, its not the best way to do it environmentally but it works for me and is better than me paying for the electric and not getting refunded.
I can also do the short journeys on electric only without borking the DPF in a diesel.
sound like a plan?
Edited by interstellar on Thursday 9th June 15:33
Edited by interstellar on Thursday 9th June 15:33
It does and if my place go with it I will probably do the same, but as you say not really using the hybrid to its best advantage using the petrol engine to charge the battery all the time.
Before the electricity prices went through the roof I figured the car BIK would set me back about 100 quid a month and if I payed for the electricity at say 50 quid a month its still cheaper then the tax on my 2.0 diesel.
But now I will resent paying the 12p a mile if I have paid for the electricity. Even though it would probably still be cheaper.
If they will subsidise my electricity for the cost of charging the battery say 5 nights a week at the current rate then that's another story and I would probably be doing it.
Still for all I know I will end up with the diesel Skoda anyway, but with my salary at just over 50k it makes it very expensive
Before the electricity prices went through the roof I figured the car BIK would set me back about 100 quid a month and if I payed for the electricity at say 50 quid a month its still cheaper then the tax on my 2.0 diesel.
But now I will resent paying the 12p a mile if I have paid for the electricity. Even though it would probably still be cheaper.
If they will subsidise my electricity for the cost of charging the battery say 5 nights a week at the current rate then that's another story and I would probably be doing it.
Still for all I know I will end up with the diesel Skoda anyway, but with my salary at just over 50k it makes it very expensive
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