93fxdl
Posted a lot
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Oct 14, 2009 19:15:40 GMT
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if you meet certain criteria you can get money from the taxman for driving to work
if you
are working
don't get travel expences
are working at a place that is not your employers premises
examples i know of are builders,sub contractors,cleaners and shop security guards
the way it works is you can claim against tax credits your travel costs
i was able to claim this while i was woking as a aircraft subby
obviosly if you feel you may qualify you will have to ring the tax credits people but be prepared for a struggle as the last person i helped with this had to wait a week for the only person there who knew about this allowance to come back from holiday
so who knows you could end up with a big chunk of your travel costs paid back (up to 70%)
ttfn glenn
how long before this decends into the kitty litter?
fyi the 09 tax paperwork consists of 11500 pages yep eleven and a half thousand
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Oct 14, 2009 19:29:14 GMT
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solicitors too
if going to interview a client, giving a lift to a client etc - they can claim back expenses on the legal aid form
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Someone just shot the elephant in the room. |
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Oct 14, 2009 20:11:24 GMT
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I deliver cars all day long... Car, train/bus to next car, car...wonder if I qualify?...
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1987 Maestro 1.6 HL perkins diesel conversion 1986 Audi 100 Avant 1800cc on LPG 1979 Allegro Series 2 special 4 door 1500cc with vynil roof. IN BITS. HERITAGE ISSUES.  |
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Oct 14, 2009 20:15:09 GMT
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My commute is 15 metres down the back garden to the shed, but I'll bear this in mind when submitting my tax forms! cheers for the info
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Oct 14, 2009 20:21:05 GMT
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thanks for that  as a plumber we do alot of driving (which you don't mind if the customer actually accepts the quote, and isnt just getting an idea of prices for a bathroom that he isnt even sure will happen). Am i bitter, of course not  |
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Oct 14, 2009 20:36:13 GMT
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being as lots of Tory voters will be doing very nicely from the mileage allowance then its here to stay If you have a tax accountant then he should have pointed out if you are eligible for this tax rebate. If you don't do your own tax then you are unlikely to be the sort of person who qualifies. If you work from home you can offset some of your mortgage against tax too. Theres lots of tax claims you can make, but most of us are "just" PAYE I guess.... |
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1937 Austin Street Rod - 1941 Wolseley Not Rod - 1956 Humber Hawk - 1957 Daimler Conquest - 1966 Buick LeSabre - 1968 Plymouth Sport Fury - 1968 Ford Galaxie - 1969 Ford Country Squire - 1969 Mercury Marquis - 1970 Morris Minor - 1970 Buick Skylark - 1970 Ford Galaxie - 1971 Ford Galaxie - 1976 Continental Mark IV - 1976 Ford Capri - 1976 Rover V8 - 1994 Ford Fiesta
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MK2VR6
Posted a lot
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Posts: 3,328
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Oct 14, 2009 20:38:24 GMT
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Panda Selecta, crashing the thread sorry - am thinking of plumbing - is there much work around still?
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93fxdl
Posted a lot
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Oct 14, 2009 20:53:29 GMT
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this is for paye people, it is all a bit complicated (isnt everything tax related?)
will try and explain it a bit
when you are working (depending on amount of hours you work) you are eligable for working tax credits and if you have children you qualify for child tax credits as well
as you earn more the amount of credits is reduced
this can put you in the situation where for every pound you earn you only end up 10pence better off (yes a lot of working people are in effect taxed at 90%)
but if you qualify to claim back your travelling expenses you knock the amount it costs you from your total income and they top up your credits by up to 70 pence(ish) per pound claimed
remember the cost of travelling is not just the cost of fuel, i once saw some figures for a big merc and covering 10,000 miles a year it worked out at £5 per mile!!!!
ttfn glenn
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MWF
Posted a lot
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Oct 14, 2009 21:11:30 GMT
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If you work from home you can offset some of your mortgage against tax too. Indeed, I claim all business mileage at 40p per mile and 10% of my mortgage, electricity, gas, council tax etc... as I'm a sole trader working from home using one room as an office. |
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Oct 14, 2009 21:27:58 GMT
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Kewl! Personal income tax advice on R-R! Can someone tell me how to figure the number of my dependents on a W-3 Form?   |
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Last Edit: Oct 14, 2009 21:37:16 GMT by Team Blitz
 Team Blitz Ford Capri parts worldwide: Restoration, Road, or Race. Used, Repro, and NOS, ranging from scabby to perfect. Itching your Capri jones since 1979! Buy, sell, trade. www.teamblitz.com blitz@teamblitz.com |
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93fxdl
Posted a lot
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Posts: 2,000
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Oct 14, 2009 21:29:26 GMT
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If you work from home you can offset some of your mortgage against tax too. Indeed, I claim all business mileage at 40p per mile and 10% of my mortgage, electricity, gas, council tax etc... as I'm a sole trader working from home using one room as an office. if you are only claiming 40p a mile it is quite possible you are ripping yourself off as the figures i saw that showed the merc costing £5 a mile also had some cheap to run cars and the cheapest i can remember was still something like 50p ttfn glenn |
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dugong
Posted a lot
One Of Us Will Live To Rue The Day We Met Each Other (Wire : 2008)
Posts: 3,292
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Oct 14, 2009 21:33:47 GMT
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I deliver cars all day long... Car, train/bus to next car, car...wonder if I qualify?... Kowalski didn't. |
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rob0r
East of England
Posts: 2,743
Club RR Member Number: 104
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get paid to drive to work!rob0r
@rob0r
Club Retro Rides Member 104
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Oct 14, 2009 22:12:12 GMT
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I guess I don't qualify driving 110 miles a day to my employers premises and back, thats a shame!
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I deliver cars all day long... Car, train/bus to next car, car...wonder if I qualify?... Kowalski didn't. yes he did - he was paid in ludes ;D can i askone question: do i have to have business insurance, a business vehicle, and use for business only to warrant a huge per mile tax quote?  ??  i have a friend who thinks he maybe stout quotes 65p per mile on his tax form - is that too cheap? please PM me if/when this thread is locked Norm - nessy has sealed our fate  |
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Someone just shot the elephant in the room. |
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as a plumber we do alot of driving (which you don't mind if the customer actually accepts the quote, and isnt just getting an idea of prices for a bathroom that he isnt even sure will happen). 
??