• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

Mileage rate

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    Mileage rate

    I've been offered a role where I'll be expected to visit several sites a day but there's a few things I need clarified before I accept, whats a fair mileage rate these days?
    Science isn't about why, it's about why not. You ask: why is so much of our science dangerous? I say: why not marry safe science if you love it so much. In fact, why not invent a special safety door that won't hit you in the butt on the way out, because you are fired. - Cave Johnson

    #2
    Originally posted by gingerjedi View Post
    I've been offered a role where I'll be expected to visit several sites a day but there's a few things I need clarified before I accept, whats a fair mileage rate these days?
    40 - 45p a mile?

    I think the HMRC has an official figure, which I THINK might be 42p, but I'm not certain, and am rushing around at the moment, otherwise would have checked
    "Being a permy is like being married, when there's no more sex on the cards....and she's got fat."
    SlimRick

    Can't argue with that

    Comment


      #3
      HMRC rate is 40/25p per mile, but that's nothing to do with what you can charge your client. But I've always charged 40p per mile for the occasional trip, but if it's every day they may have a lower figure in mind.
      Will work inside IR35. Or for food.

      Comment


        #4
        Assuming you have a fairly economical car, assume an average of 30mpg for extra-urban driving

        £1.30 per litre means approx 20p a mile in petrol alone
        Then you have depreciation costs
        Then you have additional insurance costs (for business use)

        40p per mile is fair... I wouldn't realy accept less than that...
        It's about time I changed this sig...

        Comment


          #5
          40p/25p was a bit of a cash cow for travelling when it was raised to that level in 2002 (IIRC). Since then though motoring prices have risen to such an extent that 40p/25p covers your genuine costs of maintaining a decent car for business mileage, any less and you're probably paying for the privilege of driving on company business.

          Just checked back my accounts, I was billing 40p/25p in 2002/3 tax year!

          Comment


            #6
            I'll be claiming the usual 40p/25p for my commute to site, its the additional mileage I need to claw back from the client.

            I never imagined that tyres would account for 5p a mile. My fuel works out at 23p a mile so with extras I am looking at 40p+.

            I'll ask for 50p and see where it gets me.
            Science isn't about why, it's about why not. You ask: why is so much of our science dangerous? I say: why not marry safe science if you love it so much. In fact, why not invent a special safety door that won't hit you in the butt on the way out, because you are fired. - Cave Johnson

            Comment


              #7
              Just thought, do I claim client mileage expenses on my invoice and add VAT?

              Never claimed mileage before other than the daily commute.
              Science isn't about why, it's about why not. You ask: why is so much of our science dangerous? I say: why not marry safe science if you love it so much. In fact, why not invent a special safety door that won't hit you in the butt on the way out, because you are fired. - Cave Johnson

              Comment


                #8
                Originally posted by gingerjedi View Post
                Just thought, do I claim client mileage expenses on my invoice and add VAT?

                Never claimed mileage before other than the daily commute.
                Yes. It's part of the sale, therefore you have to add VAT. Whether or not the client wants to pay you mileage + VAT is another matter.
                Will work inside IR35. Or for food.

                Comment


                  #9
                  I've always charged £1 per mile plus VAT.

                  It's meant that when some days I get "paid" more to drive to client co than the work I do for them.

                  Remember once they asked me to visit London and then Manchester if I could make it. With stem mileage to/from Sockpuppet towers that was a pretty profitable day all in all.

                  Comment

                  Working...
                  X