My mistake is I treat Freeagent as a source of truth whereas in reality it is the mileage records and receipts I keep at home that matter to HMRC
So on reflection I am inclined to agree with NLUK. it doesn't really matter a jot how I describe the expense in freeagent as long as the rate is correct and the expense is correctly explained.
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Reply to: mileage rate for EVs
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Previously on "mileage rate for EVs"
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The vehicle type only matters if you're reclaiming VAT on fuel. For personal expenses it's 45p per mile for the first 10k mls.
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If I use my own petrol car for the business use use of my ltd company I can claim 45p per mile. What's the comparable rate if I have an EV?
The ppm figure has nothing to do with fuel usage, so whether your car does 100mpg, 10mpg or is electric; the ppm is to pay you for using your own car.
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I don't think it matters. The Gov site below doesn't detail any difference between the fuel types and actually says hybrids can be petrol or diesel. I've used both a diesel and petrol and never bothered changing it tbh.
https://www.gov.uk/government/public...m-1-march-2016
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Freeagent & EV mileage claims
Slightly off topic but relevant
I have recently bought an EV.
I intend to use it occasionally for the commute to client co.
So on having a pog it is not clear how to 'correctly' enter EV mileage into free agent.
The "Car Engine Type and Size" drop down field does not include EVs or any Modern Hybrid, freeagent only has Petrol, Diesel & LPG.
I will ask my accountant (4th one since joining Gorilla 12 months ago) what her personal preference is.
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Originally posted by saptastic View PostWhat about if a company car Louisa? Is it the same rates?
With electric cars; if it's a hybrid you can use AFR. If it's 100% electric, you can't claim AFR.
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Originally posted by Louisa@AardvarkAccounting View PostIt depends as NLUK says, if it's a personally or company owned vehicle.
But if you continue to use your own personal vehicle, even if this is electric/hybird, you can still claim the approved mileage allowance, as you would do normally for your petrol car.
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Originally posted by arby View PostIf I use my own petrol car for the business use use of my ltd company I can claim 45p per mile. What's the comparable rate if I have an EV? My accountant seems to think I would just claim the electricity needed to charge my car but HMRC's website seems to indicate it's the same 45p per mile as for a petrol car. Any thoughts please?
But if you continue to use your own personal vehicle, even if this is electric/hybird, you can still claim the approved mileage allowance, as you would do normally for your petrol car.
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There's no change in mileage rate as far as AMAPs are concerned, that I'm aware of, for electric vehicles.
Going by this link, it appears that your accountant is confusing (or has misunderstood what you've asked them) the rules regarding company cars and claiming AMAPs for use of your own personal vehicle.
https://autotrip.co.uk/business-mile...electric-cars/
Incidentally: that AutoTrip thing looks quite nice if you do a lot of business miles and have an accessible OBD2 port. Never come across it before today.
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I believe company car owners can't claim anything as electricity isn't classed as a fuel.
Privately owned cars can claim normal AMAP rates as it isn't fuel dependent.
I wonder if he's getting confused about ownership of the car? It's a mess on the web trying to find the info out to be fair.Last edited by northernladuk; 18 January 2017, 17:59.
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mileage rate for EVs
If I use my own petrol car for the business use use of my ltd company I can claim 45p per mile. What's the comparable rate if I have an EV? My accountant seems to think I would just claim the electricity needed to charge my car but HMRC's website seems to indicate it's the same 45p per mile as for a petrol car. Any thoughts please?Tags: None
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