claiming the mileage

[abc111]

Hi
If someone got paid the mileage at 45p per mile rate while working as a sole limited company director/ employee and mileage did not appear as a separate item but along with other expenses. At the end of financial year how can they adjust their records while claiming the mileage from HMRC on behalf of the business (as oppose to on behalf of 'employee' from the client)?

Thanks.

[northernladuk]

Your accountant can help you there.

[Waldorf]

If you have been paid the 45p per mile by your company then there is nothing extra to claim from HMRC.

You only claim extra on your tax return if you received less than the HMRC rate.

I suspect you don't have an accountant.

[Paddy]

Hi
If someone got paid the mileage at 45p per mile rate while working as a sole limited company director/ employee and mileage did not appear as a separate item but along with other expenses. At the end of financial year how can they adjust their records while claiming the mileage from HMRC on behalf of the business (as oppose to on behalf of 'employee' from the client)?

Thanks.

If you have been paid the 45p per mile by your company then there is nothing extra to claim from HMRC.

You only claim extra on your tax return if you received less than the HMRC rate.

I suspect you don't have an accountant.

Wrong! In accounting terms for limited companies, all expenses are treated as income. Millage will be offset against tax.