Using your own car for work?

DH gets 56p a mile and generally gets between £180 and £200 per week back. We've worked it out and it generally covers all fuel, tax, service, MOT and insurance for the year. It was 45p a mile but when the cost of fuel went up it increased to 56p. Insurance does cost a little more than usual business insurance as he carries clients in the car.

That’s a little known fact, they keep that quiet, don’t they?

@sadaboutmycat if you read my other posts you'd see I explained that my journeys are in the city in stop start traffic. On the motorway I'd be laughing,

If your employer pays less than the HMRC rate of 45p, you can claim the difference against tax. So if you've done 5000 miles but only been paid 35p a mile, then you can put the missing £500 on your tax return. You won't get the £500 back, but you will get back the tax you paid on it.

@Peanutbutterandmarmalade64 do you mean you used to offset it against your profits rather than 'claim it back'?

Goodness! I can do a round trip of 260 miles for a fuel cost of £30. I only get 25ppm, so my expenses claim is £65 for that trip. (Just done it today) I bank the other £35 for service, MOT etc. if I got 45ppm, I'd get £117 back and would be well into profit! What do you drive??

The main objective is to get fewer cars out there. However that can be achieved

I was surprised at how cheap it was when I added it to mine, I could cover it with a short journey

PP's point is irrelevant anyway as you can't claim mileage for driving to your sole place of work.
It is discrimination to mandate having a car but some places have bad or no public transport.
My office is only served by a train or bus depending on which direction you're coming from (stations 30 min walk away from the office itself). Even pre-Covid it was unreliable and at least one day a week ended up getting cancelled resulting in a taxi being needed.
Now with various strikes there have been days where no train was available.

From October we are going to be mandated 2 days a week or face disciplinary action. We were mostly FT in the office before and were given plenty of notice so fine. But no excuses are going to be accepted for non-drivers not being able to make it in.

I can't mandate people having a car but am very clear with interview candidates as to how unreliable the transport is, although it looks 'ok' on paper. Most non-drivers end up leaving within a year.

Obviously there's so much to take into account, not just petrol. Tyres, insurance, servicing, mot, depreciation...

Very little. It cost me about a tenner for the year.

Also it costs more to insure your car to use it for business rather than just commuting

Agree with the last 2 posts.

I don't think your team have done their maths very well @Creamteasandbumblebees

If they’re getting 45p a mile they’re idiots. 4000 miles is £1800, if that doesn’t cover all the expenses and then some I dread to think what you’re driving.

But they do pay towards the minimal depreciation that 4000 miles would cause.

4000 miles equals about £1200 a year over and above fuel towards the cost of your car. I'd see that as a much appreciated nice little earner.

Our team have stopped using their vehicles for work purposes until the mileage rate is increased.
I won't use my car anymore when I realised that in one year I drove nearly 4000 miles for work related journeys and they don't pay me for the depreciation of my vehicle.

My car costs around 12p-15p per mile, depending on roads and traffic.

Business use insurance doesn't cost me any extra.

I get 45p per mile plus 5p for each passenger.

This more than covers the wear and tear to my car.

It doesn't cover fuel, the extra insurance, the wear and tear etc. it's also short, city journeys I do in stop and start traffic and I have a diesel engined, big car .

I claim 42p per mile, when I go into the head office I claim about £60 from the company in mileage allowance, and it costs me about £15 in fuel, so the remaining £45 is for the likes of wear and tear, insurance, depreciation etc.

When I was working in care we got 45p/mile for taking "clients" out, we were persuaded by the company it was a good deal and insurers would simply change your insurance to cover for work use.

The reality was that many insurers refused or wanted extra money for business use. There were also issues where one client got confused and opened the car door onto a bollard and another wet the seat, all at the expense of the car owner. Many refused to do it after that.

I hope all of the people using their car for work have the correct insurance

It’s set by HMRC, 45p. Take it up with the government and not your employer. It’s a real hassle accounting for the tax for paying people more. I’m a tax manager. If we pay more I always recommend a round sum annual amount which yes is taxable like salaries. We actually tell people to avoid driving and get trains buses and taxis.

If 45p doesn’t cover your fuel you have a very thirsty car!

I had a 7 seater car a few years back. Was still only a 1.6 engine though so didn't cost more to run than my current one