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petrol allownance

(4 Posts)
tink123 Wed 12-Aug-09 09:39:10

Hi, there is a job i really fancy but the company offer a fuelcard to use for all purchases of fuel and they then deduct your private usage from this. They add 5p per mile for wear and tear. Other companies offer 40p per mile.

Would this put you off a job. I only have a small car so would only work out, i think, about 12p per mile

LIZS Wed 12-Aug-09 09:44:27

I think that is reasonable, at least you won't suffer when fuel prices fluctuate. Will you be driving a lot ? 40p is the maximum allowed for tax purposes iirc.

tink123 Wed 12-Aug-09 09:45:55

could be about 300-400 miles a month

tink123 Wed 12-Aug-09 09:57:27

I just looked on tax website. Looks like you can get tax relief on the difference between the 40p max and what your employer pays

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