Claiming tax back on your mileage

joebe

Some guy on BBC London phoned in saying you could claim 20p per mile on your commute to and from work!!!! I know you can claim milage if it to do with work related journeys, but to and from, surely not.

That would be worth over a grand a year for me. I refuse to get excited as I suspect he's talking out of his a**e.

overmars

I just spoke to a guy at the sustrans stand at Hyde Park. He says he uses the Garmin Edge to claim his travel expenses when doing the Sustrans routes.

As for claiming 20p a mile... I dunno. Doubt it.

Bloke on a bikecp

You are right.
You can't claim anything for your commute.

BentMikey

Just like for cars, you can't claim your normal commute to your normal place of work. Trips on work business, on the other hand, no problem!

Black Keith

My accountant said:

"Cycles and related safety equipment made available to all employees, and used mainly for commuting' constitute non-taxable benefits. Alternatively, if you use your own bike the company can pay you up to 20p per mile tax free"

when I asked him about what we (myself and other employee) could do about bikes.

but I think it depends on whether your company pay travel expenses at all?

rich r

You can claim tax relief on 20p per mile for business travel on a cycle, but this wouldn't include commuting yo your normal place of work. If you pay tax at 40% this means you effectively get 8p per mile or at 22% 4.4p per mile.

If you do any of this travel, riding to clients for example, you can easily claim the refund by a simple letter to HMRC after the end of the tax year saying how many miles you wish to claim.

Alternatively, your employer can pay you the 20p per mile tax free, much as they will probably pay car drivers for using their own cars for work. You can't get the money from your employer and the refund from HMRC unless you are paid some smaller amount by your employer.

Regulator

My understanding was that you can now claim the same tax-free mileage allowance as for cars - 40p per mile for business use (non-commuting).

Or am I wrong? :?:

rich r

You're possibly correct, there are some changes to mileage rates for cars from 1st August, but I wasn't aware anything else was changing