Bit confused about this one...
My company pays me 25p per mile and also any fixed (e.g. hotel) costs.
My P11D only contains payments of my fixed costs but no mileage payments. Where do i enter this on SA form ?
Also, I understand that somewhere I enter the difference between 40p and 25p x no of business miles? Where? Do I add this to fixed expenses ?
How many business miles did you do?
About 3000.
Your employer no longer has to include mileage payments on the P11D where they are at or below the Approved Rates.
You can claim the 450 (3000 x 15p) by inserting that figure at box 1.32 or
1.35 on page 2 of the Employment pages.I assume you aware that you will not receive 450.00, but 180.00 (450 x
40%) or 99.00, depending your marginal tax rate.OK.
So my employer has paid me £400 other travel expenses (not mileage), and £100 other expenses (it was actually to purchase some IT kit for the company). This is on my P11D, correct ?
Since my employer does'nt have any dispensation or whatever, don;t I need to enter this figure of £500 in box 1.23 (expenses payments recieved and balancing charges) ? (otherwise my employer will tell them anyway).
Then, should box 1.32 be £400 + the (3000x15p) figure with box 1.35 being the £100 'other' expenses?
Is this right ?
So how do I determine what my marginal tax rate should be ?
So my employer has paid me 400 other travel expenses (not mileage), and 100 other expenses (it was actually to purchase some IT kit for the company). This is on my P11D, correct ?
Probably. Do you not have a copy of the P11D?
Since my employer does'nt have any dispensation or whatever, don;t I need to enter this figure of 500 in box 1.23 (expenses payments recieved and balancing charges) ? (otherwise my employer will tell them anyway).
Yes.
Then, should box 1.32 be 400 + the (3000x15p) figure with box 1.35 being the 100 'other' expenses?
Is this right ?
Yes.
Total income less total allowances and reliefs.
Of course, but all I'm claiming on the SA is the allowance so don;t need to know this in advance.
Yes.
(thanks for the help so far BTW).
Yes.
(thanks for the help so far BTW).
No, you don't need to know it. The tax relief will be included in the overall tax calculation.
The point I was trying to make is that the IR will not be paying you the difference i.e. 450.00, but 450.00 @ your highest tax rate(s).
Yeh. Thanks...
Yeh. Thanks...
Have something to add? Share your thoughts — no account required.
Ask the community — no account required