Member Since: 11 Sep 2016
Location: Marnoch
Posts: 4244
HMRC Mileage rate
Does anyone else think that it’s about time the HMRC mileage rate was raised from £0.45 pence per mile (originally set in 2010) to something more realistic given that fuel costs have doubled since then? As it is it barely covers the cost of the fuel let alone insurance, tax, maintenance and wear and tear…
I have to do a 72 mile round trip tomorrow and would get back £32.40. Given that diesel is now around £1.90 per litre that’s £8.45 per gallon and at let’s say an optimistic 25mpg that’s three gallons so therefore it will cost me £25.35 in fuel only… leaving only £7.05 to go towards everything else. So with insurance at a conservative £1 per day, road tax at £1.65 per day that only leaves £4.60 to go towards maintenance and wear and tear..
Can anyone think of ANYTHING on a D3 you can replace for £4.60? I want to see the sweets before I get into your windowless van... I'm not stupid!
Corris Grey D4 Commercial SE 2016
Zermatt Sliver 2007 D3 SE manual (gone)
Indus Silver D4 HSE 2015 (gone)
Bonatti Grey D3 HSE 2006 (gone)
White D3 S (LHD) 2007 (gone)
Firenze Red D4 HSE 2014 (gone)
Black RRS 3.6TDV8 2008 (gone)
Rusty Green Defender 110 1997 (gone)
Black FL2 HSE 2013 (gone)
12th Jun 2022 10:16 am
DSL Keeper of the wheelie bin
Member Since: 11 May 2006
Location: Off again! :-)
Posts: 73085
Bit of screen wash.
12th Jun 2022 10:34 am
Disco_Mikey
Member Since: 29 May 2007
Location: Dundee, Scotland
Posts: 20841
2011 D4 XS - OBD port protection, RLD spare wheel protector, All LED interiors lights, Timed Climate enabled, iiD tool paired.
2011 D4 Landmark - Stolen from same dealer before I paid for it
2011 D4 GS - Stolen whilst at dealer ... All LED interiors lights, DRLs, Spare Wheel protector.
1996 300Tdi - Eaten by tin worms
12th Jun 2022 10:50 am
nigethecat
Member Since: 11 Sep 2016
Location: Marnoch
Posts: 4244
Only just if you add on postage !I want to see the sweets before I get into your windowless van... I'm not stupid!
Corris Grey D4 Commercial SE 2016
Zermatt Sliver 2007 D3 SE manual (gone)
Indus Silver D4 HSE 2015 (gone)
Bonatti Grey D3 HSE 2006 (gone)
White D3 S (LHD) 2007 (gone)
Firenze Red D4 HSE 2014 (gone)
Black RRS 3.6TDV8 2008 (gone)
Rusty Green Defender 110 1997 (gone)
Black FL2 HSE 2013 (gone)
12th Jun 2022 11:01 am
RRSTDV8
Member Since: 07 Apr 2014
Location: Here
Posts: 13553
I agree that the rate should be raised. It won't be, of course, because that's giving away money to little people. Tax cuts get done to give more money to the already rich.Visiting from rrsport.co.uk
2012 RRS SDV6
2008 RRS TDV8
"When you fire that first shot, no matter how right you feel, you have no idea who's going to die! You don't know who's children are going to scream and burn. How many hearts will be broken. How many lives shattered. How much blood will spill, until everybody does what they were always going to have to do from the very beginning: SIT DOWN AND TALK!"
12th Jun 2022 11:29 am
kajtzu
Member Since: 10 Aug 2017
Location: Helsinki
Posts: 6754
My observation with a V8 here - the government’s tax free reimbursement being 0.43 eur/km (employer can pay employee for use of their own vehicle without any tax implications)
AND with 95E10 being around 2.4-2.5 eur/liter
AND 98E5 being 2.5-2.7 eur/liter
EQUALS that it’s +-0 whether it makes sense to drive any
I calculated the cost per km was 0.396 eur and certainly driving any amount the remaining few cents don’t even add up for an engine air filter
12th Jun 2022 12:19 pm
rrhool
Member Since: 28 Aug 2014
Location: Norfolk
Posts: 4522
I was thinking about the rate the other day. Agree, it's not representative of real life now.
I'll be driving to Ripon tomorrow for work, not going in the Disco! Richard
D3 SE 2007. Triumph 2.5Pi 1973. Ferguson TEA20 1948.
Discovery 2 4.0 ES 2001- Gone
Discovery 1 300Tdi ES '95 - Gone
Range Rover Classic '79 - Gone
12th Jun 2022 2:42 pm
Rescue01
Member Since: 14 Jan 2008
Location: Aberdeen
Posts: 2518
“I was thinking about the rate the other day. Agree, it's not representative of real life now.
I'll be driving to Ripon tomorrow for work, not going in the Disco!”
Is it the Triumph or the Fergie then Its not the height of the fall but the sudden stop at the bottom that hurts!!
12th Jun 2022 3:37 pm
rrhool
Member Since: 28 Aug 2014
Location: Norfolk
Posts: 4522
^^^
To be fair, the Disco is better on fuel than both the Triumph and the Fergie!
I'll be going in the trusty old (235k miles) VW Passat, which will still do about 50mpg on a run Richard
D3 SE 2007. Triumph 2.5Pi 1973. Ferguson TEA20 1948.
Discovery 2 4.0 ES 2001- Gone
Discovery 1 300Tdi ES '95 - Gone
Range Rover Classic '79 - Gone
12th Jun 2022 5:20 pm
Paul J.
Member Since: 09 Dec 2005
Location: Leafy Cheshire
Posts: 7627
Isn’t that the point of the limit - to encourage the use of more economic vehicles?An ex-Disco3 / FFRR owner ......
..... now on the JLR electric highway.
12th Jun 2022 6:11 pm
Grumpydog
Member Since: 10 Apr 2019
Location: Medway/ Mos Eisley
Posts: 167
It is a joke. I get company car allowance and fuel allowance. The fuel is only £83.33 per month (odd number and my "company car" is a Q5) and the car is £405. Hasn't changed in the last 4 years. If I claim mileage back form the company I only get 16p per mile. If I want the difference I can claim it back form HMRC but I have to send the original receipts to head office.
The only upside recently is that I haven't really been anywhere for work for the last 2 years.2004 Disco 3 HSE TDV6
2015 Audi Q5 S Line plus
2008 Audi A4 Avant S Line Black Edition. Gone
2005 Chrysler Grand Voyger. Gone
13th Jun 2022 10:09 am
RRSTDV8
Member Since: 07 Apr 2014
Location: Here
Posts: 13553
Paul J. wrote:
Isn’t that the point of the limit - to encourage the use of more economic vehicles?
I doubt it. More likely is that no one in Whitehall has thought to look at it at all.Visiting from rrsport.co.uk
2012 RRS SDV6
2008 RRS TDV8
"When you fire that first shot, no matter how right you feel, you have no idea who's going to die! You don't know who's children are going to scream and burn. How many hearts will be broken. How many lives shattered. How much blood will spill, until everybody does what they were always going to have to do from the very beginning: SIT DOWN AND TALK!"
13th Jun 2022 10:21 am
Paul J.
Member Since: 09 Dec 2005
Location: Leafy Cheshire
Posts: 7627
I don't know about the 45p bit, but the alternative of advisory fuel rates have been rising in recent months: https://www.gov.uk/guidance/advisory-fuel-ratesAn ex-Disco3 / FFRR owner ......
..... now on the JLR electric highway.
13th Jun 2022 12:02 pm
galwaygreen
Member Since: 30 Oct 2011
Location: plymouth
Posts: 6525
the AA have plenty on their site about running costs and how to calculate....but refer you to HMRC for
mileage rates
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