Join BKN

Join BKN
Join BKN

Bookkeeping Awards 2015 Winners

Join BKN

Post Info TOPIC: Claiming VAT on Mileage

Veteran Member

Status: Offline
Posts: 53
Claiming VAT on Mileage

Hi, I've been told that I can claim VAT on mileage claims if I have VAT receipts for fuel (as long as the receipt is dated at the time of the journey claimed for).

How do I practically deal with this on my accounts system? Is it as simple as attributing VAT on the mileage when I input the claim, so for example if I enter a claim for 50 miles at 40p = 20.00 do I input net 16.67 + vat 3.33? Or is it more complicated?

Thanks for reading!



Status: Offline
Posts: 1692

Not all of the 40p relates to fuel. The 40p (and since 5th April 2011 it has gone up to 45p) covers all the expenses relating to the vehicle. See this page to find out the amount that relates to fuel (and the amount you calculate the VAT on)


Never buy black socks from a normal shop. They shaft you every time.



Status: Offline
Posts: 896

Hi You can only claim VAT on the fuel element, not the full claim amount, and also the 40p you mention has now increased from the start of this tax year to 45p. The fuel element is in respect of the engine size, see here:




Factsheet | Starting a Business

Page 1 of 1  sorted by
Quick Reply

Please log in to post quick replies.

Tweet this page Post to Digg Post to
Members Login
    Remember Me  



Careers & Qualifications  Start Up Essentials  Marketing Centre   Software Reviews
What is a book-keeper  Register as Self-Employed Networking  Software Blog
 Home Study Courses  Money Laundering Local Accountants  
 Qualifications/ Associations  Data Protection Direct Marketing  
 Franchises  Registering as an agent  Telemarketing  
 College / Night School  PI Insurance  Directories  
 Recruitment  Stationery  Google  
     Volunteer Work  






Copy Right Bookcert Limited