Mileage rates..

techguy

Hi,

I'm going to be doing some work for a company over the next week or so and have a question about the mileage rate for travelling in my own car.

I have checked this link and it looks like the public service rate is nearly 78c for my car engine up to 4k miles. I'm aware that the rate in the private sector is lower but i'm not sure how much lower.

Whats a reasonable rate that I can charge? I was thinking around 65c per mile.

What do others charge and are there any other conditions to consider?

Thanks.

gbee

I was on 93C a Mile reduced to 73C a mile last month, working for a national newspaper.

odonovanpm

The rates in the private sector (maximum) are the same as the public sector although each company can adopt their own policy. It's important to note that sole traders and partners cannot claim mileage - only employees and directors of companies are entitled to these rates.

<snip - please do not use this website to promote your own product>

techguy

odonovanpm wrote: »

It's important to note that sole traders and partners cannot claim mileage - only employees and directors of companies are entitled to these rates.

Say what now?

I'm a sole trader/business working under contract for a company who pays me milage.. Surely this is legit?

Thanks.

mathepac

I think what the would-be advertiser above meant to say was that sole traders and partners cannot claim mileage as a business expense, i.e. use it to reduce the tax bill.

Where you are charging mileage to a client I guess the civil service rate is the one to use for your engine size. Once your client is happy to pay the invoices, it appears in your books as income and is taxable.

odonovanpm

"Would be advertiser" - nice... If the original poster just wanted a figure to use when billing their client I completely misunderstood, in this case he can charge his client what he likes without the need for any form of compliance.

However, charging the client means he is paying tax on income which there is no need to???

He should obviously speak with his accountant about this.

hinault

These are the updated mileage/subsistence rates

http://www.kpmg.ie/services/ies/publications/IES_alertbMar09.pdf

finisklin

Hope some can help on this.......if your are claiming mileage as per the civil service rates does this rate include diesel/petrol or do you claim that separately?

dbran

Hi

The rate includes the cost of desel/petrol, wear and tear etc.

You cannot also claim the actual cost as well. You opt for either the actual cost or the civil service rates. You cannot do both.

Kind Regards


dbran

rainbowdash

odonovanpm wrote: »

It's important to note that sole traders and partners cannot claim mileage

So what does a taxi driver claim?

dbran

The actual receipts if they are a sole trader. They cannot use the civil service rates.