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Do you claim tax for using your bicycle?

Discussion in 'Commuting' started by Andrew_Culture, 17 Mar 2014.

  1. screenman

    screenman Legendary Member

    No, I am more than happy to pay tax I just wish everybody else did the same, then my share would not be so huge.
    jimbo42 likes this.
  2. BrumJim

    BrumJim Poster

    No. You can do it if you have to fill in a tax return.

    I'm not self-employed, but due to part-owning property that my wife rents out, I have to complete one. Claimed when I was working in Derby (away from my normal office) for the days that I rode home, as my company won't give me bike mileage.
  3. subaqua

    subaqua Guru

    Form p87 for claiming back mileage not given to you by your employer where entitled to it.

    don't need to fill in self assesment as it will automatically go on your tax code the following year. I took the lump sum on 1st year then got a tax code adjustment.

    as for not claiming it. why not if the tax system was used properly by everybody the whole thing is fair. its when people take advantage it becomes unfair.
  4. oldroadman

    oldroadman Veteran

    Interesting. I can see the 20p/mile for business use. But for couriers, surely they are providing a machine to carry out self employment, and should be able to claim the whole cost of doing so (or 90% of it) as they would not be able to work without the bike. Presumably less any mileage they get from whoever gets them their jobs. The for a courier there's things like radio hire and other stuff to claim, waterproofs for instance. Where lies a question, does a courier get paid for a job, not the mileage, in which case it all goes to help accountants make a living.
    When I started up post-average racing career I know mine did very well for me in my first year (and subsequent ones), turning my "owing about £4000" to a rebate of around £300 in one go. Lots of vehicles at 90% of total running costs adds up to a lot. Best money ever spent on her fees - which of course are claimable against taxable income! ^_^
  5. mr_cellophane

    mr_cellophane Veteran

    Don't pay tax, pay an accountant !
    vickster likes this.