[Search for users] [Overall Top Noters] [List of all Conferences] [Download this site]

Conference terri::cars_uk

Title:Cars in the UK
Notice:Please read new conference charter 1.70
Moderator:COMICS::SHELLEYELD
Created:Sun Mar 06 1994
Last Modified:Fri Jun 06 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:2584
Total number of notes:63384

2139.0. "OPTING OUT OF THE SCHEME" by SHIPS::WHITWOOD_N (Nigel Whitwood) Tue Aug 24 1993 21:04

T.RTitleUserPersonal
Name
DateLines
2139.1SUBURB::THOMASHThe Devon DumplingTue Aug 24 1993 21:1112
2139.2I am opting out!CMOTEC::POWELLNostalgia isn't what it used to be, is it?Thu Sep 16 1993 13:3251
2139.3COMICS::SHELLEYLead, follow, or get out the wayTue Apr 15 1997 13:5720
    As I do a lot less miles these days I'm thinking about opting out the
    scheme when my car comes up for renewal.
    
    The thing is, I do a limited amount of business miles but would not want
    to use my own car for business use once I'm out the scheme.
    
    Is anyone else in this situation ? What I was wondering was what hire
    car arrangements can you make for business use if you are out of the
    scheme but a qualified car user. I would expect to pay for a hire car
    but would the insurance be covered by the company ? What rental price
    would I expact to pay for the cheapest class of hire car ?
    
    I've asked locally but no one knows the procedure even HR helpline
    weren't too sure. 
    
    I thought there mat be other folks in a similar position.
    
    Thanks for any info.
    
    Royston
2139.4I was sent the following:MARVIN::ILETTTue Apr 15 1997 16:3351
I left this lease scheme last year, here's one of the mails
that my manager was sent:

Phil.


From:	NAME: Katrina Bassett               
	FUNC: HR Service Centre               
	TEL: 830 4973                         <BASSETT AT A1@RDGENG@REO>

                     CAR SCHEME END OF LEASE OPT-OUT FORM
         
                            CONFIRMATION OF REQUEST
         
         
         
         
         TO:					 DATE: 20TH JUNE 1996
         
         This is to confirm that Phil Ilett's request to withdraw from 
         the Car Scheme has now been received and approved.
         
         Following the decision to opt out of the Car Scheme, the 
         employee must be aware of the following:
         
           -  The employee is not automatically entitled to rejoin the 
              Car Scheme.
         
           -  All mileage expenses must be claimed at the appropriate 
              rate.  For Supplement Holders this is currently 8p per 
              mile.
         
           -  The employee is responsible for their own travel 
              arrangements.
         
**           -  Any hire car expenses will not normally be met by the 
**              Company.  The employee is responsible for ensuring that 
**              he/she makes adequate travel arrangements and meets the 
**              cost.
         
         Please inform Phil accordingly.
         
         Regards,
         
         
         Human Resources
         
         
         
         
         
2139.5COMICS::SHELLEYLead, follow, or get out the wayTue Apr 15 1997 16:403
    Thanks Phil, thats useful info.
    
    Royston
2139.6Car hire rates from VTXBIS6::BROWNTue Apr 15 1997 16:4619
    The following is an extract from VTX.  The rates may not include 
    insurance, CDW or PAI or VAT. You should also consider additional 
    charges which may be payable for delivery/collection, airport office
    surcharges, and out of hours call-out fees.  
    
    Chris
     
    
    >American Express    American Express
    >         18-Feb-1997 14:32                           CAR HIRE
    >
    >        The Digital preferred car hire company is Avis
    >
    >        Group           Daily Unlimited Mileage Rate
    >
    >        A               GBP19.85
    >        B               GBP21.80
    >
    
2139.7KERNEL::PARRYTrevor ParryWed Apr 16 1997 13:3512
2139.8COMICS::SHELLEYLead, follow, or get out the wayWed Apr 16 1997 13:579
    Trevor
    
    Can you say more about how you claim the difference against tax
    and also how you can justify this to the tax man because the company
    gives a car allowance.
    
    Thanks 
    
    Royston
2139.9COMICS::CORNEJWhat's an Architect?Fri Apr 18 1997 18:566
    Are you sure it is  a "car allowance" and not a "market supplement"?
    
    It makes no odds to my pocket, but it might to the tax man!
    
    Jc
    
2139.10MARVIN::HIGGINSONPeter Higginson DTN 830 6293, Reading UKTue Apr 22 1997 02:1415
Re: .8

Whether it's a "car allowance" or not, you get it after deduction of
PAYE tax once you opt out of the scheme - as far as the tax man is
concerned it's just extra salary.

According to an article in the Sunday Times, you can claim the difference
between 33p per business mile and the amount paid by your company against
tax.

I have no proof this is accurate.

Peter

2139.11KERNEL::PARRYTrevor ParryTue Apr 22 1997 16:146
    It is accurate, well the facts are, not necessarily the numbers.  The
    33p is down to the discretion of the taxman.
    I've got my form now to claim the expense, just got to get around to
    filling it in and getting a P11D off payroll to get the mileage.
    
    /tmp
2139.12TGRAPH::WEGGSome hard boiled eggs and some nuts.Tue Apr 22 1997 17:3910
Well I just happen to have the 1997 Inland Revenue Tax Return Guide about my 
person.  There appears to be a box on the self assessment form for claiming back
the tax on this difference.

"More information is in leaflet IR125: Using your own car for work, available
from the Orderline."

The Orderline number is 0645 000 404, or FAX: 0645 000 604.

Ian.
2139.13Taxing questionMILE::JENKINSThu Apr 24 1997 16:4926
2139.14KERNEL::PARRYTrevor ParryThu Apr 24 1997 16:579
    Depends on the size of the engine.  61p is for over 2000cc.  They've
    got 2 methods of taxing you.  I'm considering using the 61p per mile
    (on my 3 litre car) cos it has cost nowhere near that to run.  
    As mentioned, the form says it all. (P87) and the leaflet IR125 tells
    you about it.  I've got one with me if anyone in CSC wants to have a
    look, Roy, and if you can find me.
    
    
    /tmp
2139.15got the bookletMARVIN::HIGGINSONPeter Higginson DTN 830 6293, Reading UKWed Apr 30 1997 02:2313
Thanks to Ian in .12 I've now got a copy of IR125

You can either use the real costs and the proportion of business to
private miles or (from 1996-7) the table of allowances per business
mile depending on engine size. 

If you are in REO the table is on the notice board outside my office
(REO-2/first floor/E9). The text reads as if you have to pay tax on
any excess allowances over the figures but it does say elsewhere in
the booklet that you can get the difference allowed against tax.

Peter