Your SlideShare is downloading. ×
UK Mileage Rates: How to Claim Your Business Miles
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×

Saving this for later?

Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime - even offline.

Text the download link to your phone

Standard text messaging rates apply

UK Mileage Rates: How to Claim Your Business Miles

8,537
views

Published on

How to Claim Your Business Miles: a no-fuss guide to UK Mileage Rates from the company that brought you Tripcatcher, the free online mileage log. …

How to Claim Your Business Miles: a no-fuss guide to UK Mileage Rates from the company that brought you Tripcatcher, the free online mileage log.
www.tripcatcher.co.uk

Published in: Economy & Finance, Business

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
8,537
On Slideshare
0
From Embeds
0
Number of Embeds
3
Actions
Shares
0
Downloads
7
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide
  • Need a better title!
  • Mention tripcatcher here?
  • Transcript

    • 1. How to Claim Your Business Miles
      a less taxing guide to uk mileage rates
      www.tripcatcher.co.uk
    • 2. What is AMAP?
      www.tripcatcher.co.uk
    • 3. AMAP stands for:
      “Allowed Mileage Allowance Payment”
      It is a tax-free payment for drivers who
      make business trips using their own vehicle.
      www.tripcatcher.co.uk
    • 4. It applies to business journeys by car, van, motorbike or bicycle.
      www.tripcatcher.co.uk
    • 5. AMAP is intended to cover the employee’s mileage-related business expenses, including:
      AMAP also covers the interest on any loans taken out to buy the vehicle.
      www.tripcatcher.co.uk
    • 11. AMAP is the maximum that can be claimed tax-free.
      As long as mileage payments do not exceed AMAP limits, these payments are free from income tax and national insurance.
      www.tripcatcher.co.uk
    • 12. How do I calculate AMAP?
      www.tripcatcher.co.uk
    • 13. For journeys made by car or van, the payments are 40p per mile for the first
      10 000 miles and 25p per mile thereafter.
      www.tripcatcher.co.uk
    • 14. For journeys made by motorbike, the rate is 24p per mile, regardless of mileage.
      For journeys made by bicycle, the rate is 20p per mile, regardless of mileage.
      www.tripcatcher.co.uk
    • 15. How is AMAP paid?
      www.tripcatcher.co.uk
    • 16. www.tripcatcher.com.uk
    • 17. How do I claim AMAP?
      www.tripcatcher.co.uk
    • 18. www.tripcatcher.co.uk
    • 19. The HMRC requires accurate records to be kept of business trips.
      These should include:
      • The date of travel;
      • 20. The reason for the journey;
      • 21. The miles covered;
      • 22. The type of transport used.
      www.tripcatcher.co.uk
    • 23. It doesn’t matter how many cars or vans you drive during the year: they all count as the same vehicle.
      www.tripcatcher.co.uk
    • 24. Claims for travel by motorbike and bicycle must be
      kept separate from claims for travel by car or van.
      www.tripcatcher.co.uk
    • 25. Can I claim for passengers?
      www.tripcatcher.co.uk
    • 26. www.tripcatcher.co.uk
    • 27. Do I have to take the most direct route to claim?
      www.tripcatcher.co.uk
    • 28. For example, on journeys near London it might be quickest to take the M25 around London, rather than passing... ...through it.
      www.tripcatcher.co.uk
      No.
      You can use whichever route seems sensible.
    • 29. Can I claim AMAP for commuting to work?
      www.tripcatcher.co.uk
    • 30. No.
      The commute to work is not considered a business journey.
      To be considered a valid business trip, the journey must be:
      “From one workplace to another, for the purpose of work.”
      www.tripcatcher.co.uk
    • 31. Want to find out more?Visit www.tripcatcher.co.uk