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Post Info TOPIC: Milage Question?????
StuartAnder


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Milage Question?????
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Hi,

I have been asked by a friend that is a self employed courier driver about claiming mileage. Can they claim mileage as the norm (40p per mileage up to 10,000miles and 25p thereafter).
Also when recording the milage can they record 'say' 133miles one way to 'say' cardiff and then the 133 miles back from cardiff. is this ok does anyone no???

Thanks

stuart

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RobH


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Hi Stuart,

If he claims mileage then he wouldn't be able to claim capital allowances on his van, insurance, repairs etc. I'm guessing he is vat registered so he would lose out on a lot of vat too. However I see no other reason why he couldn't just claim the mileage (there and back).

Rob

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adi2402


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Was there not something mentioned the other day (was new to me) about self employed people with a t/o over the VAT registering threshhold not being eligible to apply the milage rates throught their accounts?

May be well off the mark.

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adi2402


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http://www.hmrc.gov.uk/helpsheets/hs222.pdf#page=3


here is the legislation i think

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StuartAnder


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thanks for your replies, its ok his not VAT registered anyways

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attilabenko


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Hi,

I did not know anything about self-employed not able to claim mileage if over treshold so I looked it up in the big book - SA tax returns guide and guess what, they mention mileage claims in every section but not in the self-employed part...
Is this only about turnover? What about if someone volutarily registered for VAT, when does he has to stop using mileage?
Back to the original question, if you don't claim mileage you can claim AIA and/or the rest of it so I would do a calculation with both methods to see what way he is better off.
On vans you can claim AIA, they are not cars.

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Attila
BackOfficeGroup


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Attila

I believe its on the turnover, so if he is reg for VAT, he can use the mileage until his turnover goes over the threshold....

P

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StuartAnder


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so if he wanted to claim back the VAT on his fuel receipts can just register for VAT then, and i take it this means charging vat on his invoices. does it matter what the turnover is to voluntary register, is there a minimum turnover.

thanks

stu

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attilabenko


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Hi Phil,

Thanks for the info! Good to know....

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Attila
BackOfficeGroup


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I think thats right, I remember Shaun mentioning it somewhere.....

P

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Susie Sue


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Where is Shaun?? I'm missing him now!

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Sue
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Shamus


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Hi Sue,

coincidence or what!

I don't get much chance to get on the site and there are loads of messages that I've not read. Luckily I thought that I'd have a quick glance at this one.

I'm in sunny Edinburgh at the moment. Seem to be spending all of my time either driving or working.

I did find time over the weekend to tell the ICB that I would not be renewing my practice licence and got quite a nice reply from them today saying that I would not to get a non practicing certificate evidenced?

Reading through this thread the situation with mileage is that its linked to the VAT threshold but not VAT registration per se.

The thread that everyone's thinking about is this one :

http://www.book-keepers.org.uk/index.spark?aBID=106474&p=3&topicID=35975069

Which gives a nice link off to the relevant page on the HMRC website

Anyway, missing you all (Espechially you Sue. xx!) hope that you've all been having fun.

I'll try to catch up with my site reading but I suspect that there may be some messages that I never get around to reading, sorry.

All t'best,

Shaun.

P.S. See also this thread :

http://www.book-keepers.org.uk/index.spark?aBID=106474&p=3&topicID=35804945&page=1

and this one

http://www.activeboard.com/forum.spark?aBID=106474&p=3&topicID=33789691

-- Edited by Shamus on Monday 26th of July 2010 08:11:35 PM

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Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
Susie Sue


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haha - hope you're well. Nice to hear from you!!

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Sue
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