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108.9/litre...!!


Ari
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All the BP stations selling Ultimate petrol around here are 108.9p (same for Ultimate diesel)

Optimax is 100.9p

The only good thing is the price has triggered a rise in the amount I can claim so since it went past 99p, I'm actually better off crazy.gif

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[ QUOTE ]

All the BP stations selling Ultimate petrol around here are 108.9p (same for Ultimate diesel)

Optimax is 100.9p

The only good thing is the price has triggered a rise in the amount I can claim so since it went past 99p, I'm actually better off crazy.gif

[/ QUOTE ]

Milo do you reckon there is any mileage (excuse the pun) in trying to work out more money per mile? My mileage varies between 38p and 55p a mile depending on who I am doing work for, but even at the top range its not covering things if you add in the running costs etc. frown.gif

Optimax is 100.9 at the moment. Keep filling up in the hope of beating further rises. Plus I am going to fill up at night when its colder. As per 5th Gear advice. 169144-ok.gif

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My set up is different to yours Lottie 169144-ok.gif

I have opted out of a company scheme therefore my monthly allowance is meant to take into account all running costs other than fuel. The amount I claim is therefore related to the fuel costs only.

In our company we have a sliding (or rising crazy.gif) scale of the mileage rate depending on a) the cc of your car and b) the prevailing national average cost of fuel as published by the AA.

These 2 factors give you your claim rate; a recent 2p increase per litre has pushed me into the next band which means I can claim 3p per mile more.

It's not a lot of money but it's all worth having; 8,000 miles a year = £240 extra 169144-ok.gif

If you're looking at what you charge clients, would you have to watch what you charge? As a private individual, any reimbursement over 40p per mile is classed as income rather than reasonable expenses and is liable to tax - is this the same for the self-employed i.e. if you charge a client 60p per mile, do you have to pay tax on 20p on it?

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Milo I've no idea.... crazy.gif I just add up all my private and business mileage and fling all my paperwork at my accountant. smashfreakB.gif Good thing is that I get paid per hour for travel to and from appointments - so, a traffic jam can cover my petrol costs. 169144-ok.gif Problem is that I get all my mileage and travel costs per hour paid in with my invoices....so my accountant does something to adjust for this. I'm not terribly good at this side of things. Money = spending. Tax = someone else to sort it out. wink.gif

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Yes, but on the back of that it means they can then allow oil company's to drill exploratory holes in an Alaskan National Park, so its a bare faced bribe and would never get through congress.

Besides, $100 would only fill up a tank and a bit and be used up in a week crazy.gif

However the US Government understand the need for gas in the States and so tax it far lower than the UK anyway...

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