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| *The Commerce Journal>>>United Kingdom Taxes |
Mileage Allowance? |
My partner is self employed, and we were wondering what the going rate for him to charge for mileage (i.e pence per mile) when he is out visiting customers. Many Thanks The HMRC agreed rate is 40p per mile for the first 10,000 miles and 25p a mile thereafter. If he is VAT registered however he cannot use the mileage method to claim for vehicle running, but must use the full cost method. My boyfriend gets 50p a mile from his work, this is quite a lot though. I think the average is around 40p. I suppose it depends how much he can get away with charging his customers before they go elsewhere... http://www.hmrc.gov.uk/manuals/eimanual/... I get 40 pence per mile, parking charges paid for and as I am out on company business food can be claimed for as long as it is not extortionate You can charge your client whatever you like, it's up to you. If he is self employed, he can charge what he wants, but it is best to charge the Inland Revenue suggested amount which can be found on their website. It depends on the car(van, truck) he's driving, and how much he thinks his customers will stand. |
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| Related information |
Assuming the normal tax code of 522L & NI Contribution Letter A, then for 2007/08: Gross ---- 拢1,083 Tax -------- 拢120 NI -------- 拢71 Net ------ 拢892 ...Have you misread this? Do you mean "Gross" pay? This is the amount paid before any deductions for tax or NIC. ...From their invoices, headed notepaper, etc If you suspect a company is charging VAT when they are not registered contact HMRC. ...you don't sound sick ...It starts at 25 pence in the pound in layman's terms. ...Type in google "Companies House" there is the register for all limited companies in the uk. i looked but i could not see it. hope this helps. ... A proportion of the full time salary. eg $145,000 full time (40 hours?) = $72,500 part time (20 hours). ...I wouldn' t have thought so. They only ask for your income and your partners income in the last tax year. So your daughter working PT wouldn't have any impact on your tax credit. ... |
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