Taxi Driver Online

UK cab trade debate and advice
It is currently Fri May 01, 2026 3:10 am

All times are UTC [ DST ]




Post new topic Reply to topic  [ 8 posts ] 
Author Message
 Post subject: Personal mileage
PostPosted: Mon Nov 15, 2010 9:33 pm 
Offline

Joined: Thu Aug 19, 2010 10:08 pm
Posts: 244
How do you workout personal mileage in your cab for Tax purposes?


I am concerned about possible tax problems in the future, (were all in this together) So how do you record personal mileage in your cab in your accounts? Will the tax man be looking at mileage done to prove that you have had more income than your saying? What about traveling too and from your usual rank at the start and end of your day, what about personal shopping trips and personal family visits, if you say record 50k miles a year what can the tax man expect to count as working miles? are there any kind of Taxman rules on this, has there been a precedence set anywhere?

I don't have any problems, and hope not to get any, but its nice to have it clear in my head if ever asked by HMRC.


Top
 Profile  
 
 Post subject: Re: Personal mileage
PostPosted: Mon Nov 15, 2010 9:45 pm 
Offline
User avatar

Joined: Wed Sep 03, 2003 7:30 pm
Posts: 57350
Location: 1066 Country
thelodger wrote:
How do you workout personal mileage in your cab for Tax purposes?

Pay for the % of fuel used for your private mileage separately.

Or if your private mileage is 10%, then only claim for 90%.

_________________
IDFIMH


Top
 Profile  
 
 Post subject:
PostPosted: Mon Nov 15, 2010 9:55 pm 
Offline

Joined: Thu Aug 19, 2010 10:08 pm
Posts: 244
So you reckon the taxman will be happy to accept that half your mileage is for personal use?


Top
 Profile  
 
 Post subject:
PostPosted: Mon Nov 15, 2010 9:58 pm 
Offline

Joined: Tue Apr 29, 2008 4:06 pm
Posts: 24391
Location: Twixt Heaven and Hell, but nearest Hell
thelodger wrote:
So you reckon the taxman will be happy to accept that half your mileage is for personal use?


who said half?.....


Top
 Profile  
 
 Post subject:
PostPosted: Mon Nov 15, 2010 9:59 pm 
Offline

Joined: Tue Apr 29, 2008 4:06 pm
Posts: 24391
Location: Twixt Heaven and Hell, but nearest Hell
Buy a £200 banger, tax and insure it as proof you dont use the plated vehicle for personal use....


Top
 Profile  
 
 Post subject:
PostPosted: Mon Nov 15, 2010 10:05 pm 
Offline

Joined: Thu Aug 19, 2010 10:08 pm
Posts: 244
wannabeeahack wrote:
Buy a £200 banger, tax and insure it as proof you dont use the plated vehicle for personal use....


Well maybe that would defeat the object? If my taxi done say 50k miles last 12 month, how many of them miles will the taxman expect me to have been paid for? I am asking this because I am sure they will have some kind of figure in relation to miles on the clock as to how much you earned.


Top
 Profile  
 
 Post subject:
PostPosted: Mon Nov 15, 2010 10:12 pm 
Offline
User avatar

Joined: Wed Sep 03, 2003 7:30 pm
Posts: 57350
Location: 1066 Country
thelodger wrote:
So you reckon the taxman will be happy to accept that half your mileage is for personal use?

If it's the truth then yes, if not then no.

That said I'm not too sure how many full-time drivers have a 50/50 split between private and working mileage. :?

_________________
IDFIMH


Top
 Profile  
 
 Post subject: Re: Personal mileage
PostPosted: Tue Nov 16, 2010 4:02 am 
Offline
User avatar

Joined: Sat Sep 25, 2004 4:31 pm
Posts: 1409
Location: Grim North, Carrot Crunchers and Codhead Country, North of Watford Gap
thelodger wrote:
How do you workout personal mileage in your cab for Tax purposes?


I am concerned about possible tax problems in the future, (were all in this together) So how do you record personal mileage in your cab in your accounts? Will the tax man be looking at mileage done to prove that you have had more income than your saying? What about traveling too and from your usual rank at the start and end of your day, what about personal shopping trips and personal family visits, if you say record 50k miles a year what can the tax man expect to count as working miles? are there any kind of Taxman rules on this, has there been a precedence set anywhere?

I don't have any problems, and hope not to get any, but its nice to have it clear in my head if ever asked by HMRC.


when they get you in they go through everything
eg, you went on holiday to Egypt didnt you, on the so and so date, er yes, what was that then, a Nile cruise, £3000, er no , got it off teli tex bundle for 400 quid,
I know you have been to Egypt cos we have your details on our computor, well my wife paid for it

I see you dont work Sundays, cos there is no fuel receipts for that day, your vehicle does 39 miles to the gallon urban from the manufactures site, ah but thats on a test machine from new, i get about average round town 24 mph
I am at looking at your documents and mileage, and I consider you owe us over 6 years 38 grand, go away and think about it, eventually they get it down to something like 6 grand over 6 years

mileage to work, ie to the taxi rank is classed as business miles, you are at work


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 8 posts ] 

All times are UTC [ DST ]


Who is online

Users browsing this forum: No registered users and 143 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Jump to:  
Powered by phpBB® Forum Software © phpBB Group