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Mileage Rates and Expenses
#11
My company pays 42p/mile in your own car, or 11p in a company car. However, they also say that if you are travelling more than 45 miles you should use a hire car rather than your own, as the hire and fuel costs will be less than private-car mileage rates.

1man1desk

to let, fully furnished
#12
As I'm aware, you can be entitled 40p/mile up to 10,000 miles. Then it becomes taxable and you will recieve 20p / mile.
Currently trying to find a way around it, such as planting a forest in and on my car.
#13
Planting a forest on your car will surely reduce aerodynamic efficiency and thus increase fuel consumption significantly more than any offset to your 'carbon footprint' gained by the trees.
#14
I could, however, use photosynthesis to produce carbohydrates which could, theoretically, supplement fuel consumption, or power the stereo. More realistically, one or two of the LEDs.
#15
Hmm. It might just be easier to plug the stereo into a potato and see what happens!
#16
Presumanbly it would only play the sound of the Maris Pipers.
#17
Possibly Irene Cara...
#18
The Inland Revenue recommend 40p per mile, so that s what you should be getting from your employer. If you get less than this - or nothing - you can claim tax relief on the difference between what you get paid and the recommended 40p. Good little earner (it can mount up) that a lot of construction workers take advantage of. It has to be business miles - defined as being travel to a 'temporary worksite'

As far as I know the only people who get paid substantially more than this recommended amount are MPs, who are able to claim 60 pence per mile. Don't know why?
#19
Thanks for this. The point about being able to claim tax relief if a rate lower than IR recommend is interesting and could be of benefit to many people in archaeology.

The self employed rate is 38p by the way as far as tax relief is concerned.

In the construction industry there seems to be lower rates paid.

The AA figures for smaller cars is about what I calculate the cost to be if parking and tolls are ignored. For larger cars the figures are a bit on the high side. One of the big beamers does 60mpg! Mercs need servicing every 19,000 miles.

David how about a BAJR guide on tax for those employed in archaeology. What can people who are employed claim for?

Peter Wardle
#20
As a local govt employee I get the standard 40p per mile which is therefore untaxed.

I can only use my own car when there are no company vans available (as we need to make sure the work vehicles are earning back their costs) and its generally for individual monitoring visits. If I had to take a team to site I'd want a hire van - I know how archaeologists treat their teahuts/vehicles.

Where I live car ownership is essential, i do some 25000k a year anyway commuting etc, so a thousand or two extra a year is no big deal on the wear and tear stakes - particularly as my cars tend to be knackered anyway. The main problem is its generally so muddy that the wife refuses to get in it. At 40p its a few extra quid which helps pay for my MOT. If I was only getting the 15-20p some others are quoting I would probably tell them to get lost and hire me a van.



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