For about 18 month I managed a clients machine rooms across the UK - about 90 of them.
I was paid less than the HMRC rate and claimed back the difference via a SA as it soon mounted up.
Frankly for a couple of journeys you might consider it not worth the bother especially if they are paying you your hourly rate for the travel time?
Inter site travel is one of those things worth covering off in your future contracts.
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Reply to: Mileage Rate Question
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Previously on "Mileage Rate Question"
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Originally posted by rod147 View PostI am talking about the client reimbursing me extra to my day rate.
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Originally posted by mudskipper View PostIrrelevant for out of office
OP, are you talking about the brolly reimbursing you as expenses from your billed fees, or the client reimbursing you extra to your day rate?
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Originally posted by northernladuk View PostIs this your first gig and likely to be the only one before April next year?
OP, are you talking about the brolly reimbursing you as expenses from your billed fees, or the client reimbursing you extra to your day rate?
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Originally posted by rod147 View PostI've just been informed I will only be reimbursed 25p per mile for a couple of out of office journeys I made last week and wondering if this is permissible?
I am an office based contractor employed via an umbrella company and assumed 45p was a statutory minimum? These have been my only extra-curricular journeys so I'm obviously under the 10K limit.
Or is the rate payable subject to each companies own individual guidelines.
Thanks,
Rod.
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Originally posted by DaveB View PostYou should check this with your brolly. There are no maximums or minimums that can be paid, but if you claim or are paid more than the HMRC standard rates then you end up be taxed on anything extra.
HMRC will allow 45p per mile for the first 10,000 miles in a financial year and 25p per mile thereafter tax free. Anything more than this gets taxed.
Edit : Just spotted this was in General.
<snip>.Last edited by NotAllThere; Today at 10:39. Reason: Oy - don't go creating extra work!
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45p is just what HMRC allows you to claim.
If your company is paying you less than 45p, you can claim the difference directly as a Mileage Allowance Relief.
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Originally posted by DaveB View PostYou should check this with your brolly. There are no maximums or minimums that can be paid, but if you claim or are paid more than the HMRC standard rates then you end up be taxed on anything extra.
HMRC will allow 45p per mile for the first 10,000 miles in a financial year and 25p per mile thereafter tax free. Anything more than this gets taxed.
Edit : Just spotted this was in General.
<snip>
Leave a comment:
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Originally posted by rod147 View PostI've just been informed I will only be reimbursed 25p per mile for a couple of out of office journeys I made last week and wondering if this is permissible?
I am an office based contractor employed via an umbrella company and assumed 45p was a statutory minimum? These have been my only extra-curricular journeys so I'm obviously under the 10K limit.
Or is the rate payable subject to each companies own individual guidelines.
Thanks,
Rod.
HMRC will allow 45p per mile for the first 10,000 miles in a financial year and 25p per mile thereafter tax free. Anything more than this gets taxed.
Edit : Just spotted this was in General.
<snip>.
Leave a comment:
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Mileage Rate Question
I've just been informed I will only be reimbursed 25p per mile for a couple of out of office journeys I made last week and wondering if this is permissible?
I am an office based contractor employed via an umbrella company and assumed 45p was a statutory minimum? These have been my only extra-curricular journeys so I'm obviously under the 10K limit.
Or is the rate payable subject to each companies own individual guidelines.
Thanks,
Rod.Tags: None
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