Does anyone here use their own private vehicle for work use? How does it work for claiming back on the mileage with tax relief etc. if you're PAYE?
I do about 40k per year for work purposes in a company vehicle, but I'm toying with the idea of running my own vehicle because I'd like something nicer for personal use plus I'd have more freedom because even though I'm allowed to use the work vehicle for private use it was a verbal arrangement that it would be for essential trips not just swanning around on a whim. I can't justify a separate personal car and work vehicle, I already tried it and most of the time it sat unused and I don't have the space for two vehicles anyway.
How would this work, is it just a case of keeping track of work mileage and then submitting some kind of claim at the end of the tax year?
I do about 40k per year for work purposes in a company vehicle, but I'm toying with the idea of running my own vehicle because I'd like something nicer for personal use plus I'd have more freedom because even though I'm allowed to use the work vehicle for private use it was a verbal arrangement that it would be for essential trips not just swanning around on a whim. I can't justify a separate personal car and work vehicle, I already tried it and most of the time it sat unused and I don't have the space for two vehicles anyway.
How would this work, is it just a case of keeping track of work mileage and then submitting some kind of claim at the end of the tax year?