DaveReading
Don't suffer fools gladly (must try harder!)
- Location
- Reading, obvs
That's uncharacteristivally generous of HMRC, not reducing the bike rate if you go over 10,000 miles a year.
Is that even legal, assuming that the employee is paying for the bike & it's not been covered by the firm.
My company pays cycling miles.
You're correct that commuting miles (to your normal place of work) are not claimable, but travel to other locations definitely is.
If I remember correctly there are some gotchas- temporary sites eventually become unclaimable if you visit them often. You can be deemed to have two places of work too, so watch out for that one. Worth a good look at the Inland Revenue rules, and KEEP RECORDS of your journeys.
Note, you can claim from the Inland Revenue if our company doesn't pay travel expenses.
At one point Bristol City Council used to pay an almost similar rate for cycling and cars, but then they chopped the cycle mileage rate in half to the normal rateI do know one co-op which paid the motoring rate for cycling because they don't agree with paying more for motoring. They said they'd write it off as good publicity if HMRC challenges them for it![]()
At one point Bristol City Council used to pay an almost similar rate for cycling and cars, but then they chopped the cycle mileage rate in half to the normal rate.
That backward. They should chop the car rat in half, encourage some folk on to their bikes.
Is there a logical reason why you cant claim for the regular commute? You need to be at work, and you need to get there. It costs both time and money to commute, time that is not compensated for but should be IMO.