Business milege expenses

[DaveP]

Query please guys: - I currently get paid by the client I contract for 25p per mile for using my own car in connection with any business related mileage. (eg driving to a customer site).

Can I also claim any extra (e.g. 40-25= 15p) via my umbrella company, in connection with the same claim?

I reckon at just 25p per mile I'm making a loss!!!

[NotAllThere]

If your umbrella pays, then the additional 15p payment comes out of the fees they charge for you. So you're still paying. It's just tax deductable. You save the tax on 15p (per mile).

If you detail it on your P11D (rather than putting it through your brolly) then you 'll get a deduction on your tax bill amounting to the tax on 15p per mile.

Your brolly only pays expenses out of the fees they charge for you. If you have no expenses, you'll get a higher annual salary/bonus or however they pay you.

[DaveP]

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If your umbrella pays, then the additional 15p payment comes out of the fees they charge for you. So you're still paying. It's just tax deductable. You save the tax on 15p (per mile).

NOTALLTHERE - Thanks for this. I get charged a set fee from my Umbrella Co. regardless of how much I put through them. They don't work on a % commision.

[Sockpuppet]

NOTALLTHERE - Thanks for this. I get charged a set fee from my Umbrella Co. regardless of how much I put through them. They don't work on a % commision.

No, but they won't give you 15p per mile.

They will take that 15p from your pot (i.e. money you bring in).

So you will get 15p per mile tax free but will therefore have a lower payment via PAYE.