claiming the mileage

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Paddy replied

11 September 2016, 18:19
Originally posted by abc111 View Post

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.

Originally posted by Waldorf View Post

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.
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Waldorf replied

11 September 2016, 17:57
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.
Leave a comment:
northernladuk replied

11 September 2016, 17:44
Your accountant can help you there.
Leave a comment:
abc111 started a topic claiming the mileage

10 September 2016, 08:54
claiming the mileage

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.
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