petrol allownance

[tink123]

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

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.

could be about 300-400 miles a month

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