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Post Info TOPIC: Mileage Allowance and Motor Trade Insurance


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Mileage Allowance and Motor Trade Insurance
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Hi

I have a quandary... my client is trying to look at the best way to go forward claiming for his fuel allowance. Normally it works out better to claim the 45p per mile, however, he is a car dealer and has a Motor Trade Policy to cover his vehicles in his possession for trade. But a side benefit for many of these policies is that you can cover your personal vehicle with no requirement to have any additional insurance.

This 45p per mile should cover his mileage going to/from car auctions, however, as he is claiming for his motor trade policy (which covers the insurance on his vehicle) would this be against the rules of the mileage allowance?

Thanks

Lyndsey



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