Reply to: Receipts for mileage

[northernladuk]

Brilliant. I'm on FRS. Time to tear up the backlog of fuel receipts! I've been scanning them up until now.
I've kept a religious log of every journey, from home to client, client to digs, digs to client & client to home

I've kept mine in a big bag. If I ever get audited they'll go on the table with everything else. If nothing else it might convince the inspector I'm diligent and he'll close his books and leave. I doubt it but it's more effort to chuck them than leave them where they are.

[yMyjgT]

If you are on the flat rate scheme you don't need to keep fuel receipts but need to keep a record of you mileage.

If you aren't then you have to keep the receipts.

Brilliant. I'm on FRS. Time to tear up the backlog of fuel receipts! I've been scanning them up until now.
I've kept a religious log of every journey, from home to client, client to digs, digs to client & client to home

[psychocandy]

No, it's an 'accredited' list. As SE says, they passed an exam and so should understand contracting and IR35.

How do you know that IPSE would not be interested if you don't complain - have you tried before? (hint - I'm on the board and I'm interested)

This was a few years ago. Like I said, lasted two months then I realised he was clueless. I did contact someone at IPSE and the attitude I got was "if he did anything wrong then contact the regulatory authority" otherwise not a lot we can do.

I can dig out details if you're interested. Mate of mind (who lives same area as me) had exactly same experience with this fella.

[BlasterBates]

Doesn't do any harm to keep petrol receipts, just stick them in a folder somewhere, and you've got them if you need them. You don't need to sort them, just do that when the need arises.

I collected them when I was commuting to Switzerland even though there was no obvious need. After I was asked out of the blue by the Swiss authorities to prove I'd been regularly been visiting my flat in Germany, it was good to be able to lay my hands on them.

[Waldorf]

The IPSE course appears to be useful however the problem is that only a handful of staff do the course, some accountants employ hundreds so the chance of your own accountant being IPSE verified will be pretty slim.

[SueEllen]

Agreed. But it is an "approved" list. But I would agree it is just a list of those who have given IPSE money to go on their course and use their logo.

IPSE will not be in the slightest bit interested if you ever complain one of their approved accountants is crap though - as I found out. Its just a money-making exercise for them.

I've complained about a company using the then PCG logo and being completely useless before. I did have use someone who posts on here to get my complaint through.

Since there have always been committee members of PCG and now IPSE on this forum, if it seems that IPSE themselves aren't responding to your complaint just contact one of those members and they will always chase it up for you. It's not in their interests to have a company misleadingly using the IPSE logo.

[v8gaz]

Agreed. But it is an "approved" list. But I would agree it is just a list of those who have given IPSE money to go on their course and use their logo.

IPSE will not be in the slightest bit interested if you ever complain one of their approved accountants is crap though - as I found out. Its just a money-making exercise for them.

No, it's an 'accredited' list. As SE says, they passed an exam and so should understand contracting and IR35.

How do you know that IPSE would not be interested if you don't complain - have you tried before? (hint - I'm on the board and I'm interested)

[psychocandy]

IPSE don't recommend accountants they just have a list of accountants who have paid to do their course.

Agreed. But it is an "approved" list. But I would agree it is just a list of those who have given IPSE money to go on their course and use their logo.

IPSE will not be in the slightest bit interested if you ever complain one of their approved accountants is crap though - as I found out. Its just a money-making exercise for them.

[SueEllen]

I had an accountant once who said I still had to keep petrol reciepts even though I was on flat rate. I asked why.

He said he wasnt sure but someone got investigated because they didnt keep receipts. I tried to say but yes was he flat rate registered. Dunno.

Lasted 2 months that accountant. IPSE recommended local one. Completely clueless.

IPSE don't recommend accountants they just have a list of accountants who have paid to do their course.

[psychocandy]

I had an accountant once who said I still had to keep petrol reciepts even though I was on flat rate. I asked why.

He said he wasnt sure but someone got investigated because they didnt keep receipts. I tried to say but yes was he flat rate registered. Dunno.

Lasted 2 months that accountant. IPSE recommended local one. Completely clueless.

[ASB]

Nice word!!!! So is reclaiomed!!! I don't even know what they mean. I must be fik!

Difficulties show themselves in many ways. The underlying prejudices were neatly shown in a "spastics society" campaign.

[northernladuk]

If not on flat rate vat the there is a vat element that can be reclaimed (effectively the VAT on the fuel portion). If claiming this then petrol receipts that are contemporaneous with the claim and showing at least the VAT reclaiomed should be provided.

edit: oops. Missed the responses saying this.

Nice word!!!! So is reclaiomed!!! I don't even know what they mean. I must be fik!

[ASB]

Is this what you mean? But that's for claiming the fuel back which we don't.

VAT on fuel ' the new rules | AccountingWEB

If not on flat rate vat the there is a vat element that can be reclaimed (effectively the VAT on the fuel portion). If claiming this then petrol receipts that are contemporaneous with the claim and showing at least the VAT reclaiomed should be provided.

edit: oops. Missed the responses saying this.

[SueEllen]

I believe you are right on that : the EU insisted that where the VAT element on mileage is claimed that fuel receipts be retained as evidence. The spreadsheet I use has 2 separate modes of use : one where I reclaim the VAT element of the notional fuel use and the other without this.

If you are on the flat rate scheme you don't need to keep fuel receipts but need to keep a record of you mileage.

If you aren't then you have to keep the receipts.

[paulb567]

Is this what you mean? But that's for claiming the fuel back which we don't.

VAT on fuel ' the new rules | AccountingWEB

Seems silly not to claim the VAT back on the fuel element of the mileage allowance if you're not on the flat rate scheme.

If you did 10,000 miles in a car with a medium sized diesel engine you could claim £4500 from your company tax free. The fuel part of the mileage allowance payment is 10,000 x £0.11, so the VAT your company could reclaim on this is £220.

This amount goes as high as £400 for a larger petrol engined car. (https://www.gov.uk/government/public...-december-2015)