Claiming Mileage through my Ltd Company

[SueEllen]

This is news to me. When I was a permie I claimed business travel expenses every month for years and it was never reported on my P11D or on my tax return. So I've carried on this way since I became a LtdCo contractor. How does one get dispensation anyway?

Google "HMRC dispensation" or ask your accountant.

[TheCyclingProgrammer]

When you were a permie your employer would have had a dispensation in place. Easy enough to apply for - form must be on HMRC.gov.uk somewhere

Yes, any employer who processes a lot of travel expenses will almost certainly have a dispensation. You can apply online - I did. You need to specify what it covers, in my case business travel, subsistence, and business calls on a personal phone.

The reporting requirement is the same regardless of whether you are reimbursed or YourCo pays directly.

If you have a lot of P11D stuff a dispensation is worth getting as it reduces paperwork (you don't need to send a nil P11D) and it reduces the chance of HMRC tax code mess ups.

Remember as pointed out earlier that AMAP mileage payments are exempt up to the limits so not reportable anyway.