How much do you charge for mileage?

[Namechanger2015]

Hi,

I travel to client meetings, usually quite far, and I have been charging 40p/mile. I've just seen this is too low and the govt website says 45p/mile, but this seems to be a suggestion and not prescriptive.

How much do you charge for mileage? Do you estimate this according to your car, or use a standard amount?

thanks!

We paid our nanny 45p/mile.

Well you can only claim 45p up to 10,000 miles and 25p over that. It isn't a suggestion as to what you charge clients, rather what you can pay yourself without tax implications.

If our employees use their personal car for work related travel we pay them 40p per mile.

A self employed person charges whatever the client is willing to pay but te maximum you can be paid without paying tax on it is 45p up to the first 10,000 miles.

Aha, thank you, that is really helpful! I am slowly getting my head around self-employment and taxes, this is great.