Thread: Mileage Rates
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Old 20th, May 2008, 06:52 PM
johnep johnep is offline
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Default Re: Mileage Rates

If you claim and get paid mileage as part of your fee, then this will be taxed. however you can then claim the standard IR allowance of 40p/mile on top and this comes straight off your tax.

Ie, today I did 56 miles there and back and SD paid me 30p/mile. this is part of my invoiced fee and therefore will be taxed. Accordingly, I will also claim 56 miles at 40p/mile against my tax.
johnep
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