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- | + | If your work involves you going to and from meetings and conventions or visiting clients to carry out service and repairs then you might be entitled to claim mileage allowance if you pay for your own personal fuel. the official sum it is possible to claim straight back for mileage is 45 pence per mile, nevertheless many employers will not pay as much as this. No matter whether you are employed or self-employed as in any event you might be entitled to claim back tax on your motoring expenses. | |
- | + | To find out if you are eligible to claim a car mileage allowance you will need to be sure that the mileage you are claiming for is entirely for business purposes. This may include any journey to and from business meetings for example but does not include your daily commute to and from work. To work through your car or truck mileage allowance you will need to calculate the number of miles travelled in the tax year, multiply this by the current authorized mileage rate, add up any mileage payments made by your company and compare the big difference to see whether you have now been paid the allowance you are eligible for. | |
- | + | Once you have determined that the sum you have been paid differs from what you believe you ought to be entitled to the next thing would be to get a tax agency that can make the car mileage allowance claim in your stead. They are able to take all the information and present it in the right format to HMRC and then deal with the rebate on your own behalf. | |
- | + | By utilizing a professional tax service to undertake this sort of service for you, it will be possible to save lots of time and gain money back that you could otherwise have been struggling to claim for. The agent will complete the necessary documentation on your behalf but this will then be sent back once again to you for approval before anything is submitted to HMRC - - merely to ensure that you are happy the information is right. | |
- | + | Claiming tax back on car mileage is perhaps not the sole rebate you may be entitled to so if you are working with a tax agent to claim car mileage allowance it is worth enquiring about uniform tax and tools tax to see if you might also be entitled to a further tax rebate. | |
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Revision as of 22:27, 24 December 2012
If your work involves you going to and from meetings and conventions or visiting clients to carry out service and repairs then you might be entitled to claim mileage allowance if you pay for your own personal fuel. the official sum it is possible to claim straight back for mileage is 45 pence per mile, nevertheless many employers will not pay as much as this. No matter whether you are employed or self-employed as in any event you might be entitled to claim back tax on your motoring expenses.
To find out if you are eligible to claim a car mileage allowance you will need to be sure that the mileage you are claiming for is entirely for business purposes. This may include any journey to and from business meetings for example but does not include your daily commute to and from work. To work through your car or truck mileage allowance you will need to calculate the number of miles travelled in the tax year, multiply this by the current authorized mileage rate, add up any mileage payments made by your company and compare the big difference to see whether you have now been paid the allowance you are eligible for.
Once you have determined that the sum you have been paid differs from what you believe you ought to be entitled to the next thing would be to get a tax agency that can make the car mileage allowance claim in your stead. They are able to take all the information and present it in the right format to HMRC and then deal with the rebate on your own behalf.
By utilizing a professional tax service to undertake this sort of service for you, it will be possible to save lots of time and gain money back that you could otherwise have been struggling to claim for. The agent will complete the necessary documentation on your behalf but this will then be sent back once again to you for approval before anything is submitted to HMRC - - merely to ensure that you are happy the information is right.
Claiming tax back on car mileage is perhaps not the sole rebate you may be entitled to so if you are working with a tax agent to claim car mileage allowance it is worth enquiring about uniform tax and tools tax to see if you might also be entitled to a further tax rebate.