Originally posted by ads1980
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- 40ppm for the first 10,000 miles then 25ppm
- you can claim for journeys by van, motorbike and bicycle too
- no need to record the annual claim amount on the p11d as long as you don't exceed the AMAP rate
- don't pay yourself more than this because you will have to pay tax and National Insurance on it as well as add it to your p11d
- if you employ anyone else, you can claim up to 5ppm for carrying them as a passenger, as long as you are all travelling on the same business trip
- use your home as a base when calculating the distance to work, HMRC will treat the trip as business travel (and not a commute) as long as you do not expect to be travelling this route for more than 2 years. As soon as you do, contact your accountant and get advice.
- keep a log of all the business trips. You need to log the date, the from and to locations, the reason and the distance.
Regarding your colleague only claiming 10ppm - he/she can claim the shortfall on their tax return i.e. 30ppm
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