Josvill2010
Registered User
- Messages
- 87
Hi,
If someone claims mileage at 59.07 cents per km and also €500 per month for a car allowance. The car allowance is subject to the hight rate I would assume.
But can someone claim mileage if they are using a company car? I thought the purspose of mileage was to reimburse the cost of petrol, but also insurance and wear and tear.
If I am getting a car allowance plus mileage that would seem excessive.
For instance if I get 15km for 1 Ltr. This is €1.50 for 15 km but I claim mileage and I get 0.5907x15km, this is €8.86. I am making a profit of 7.36 € a litre.
Is there any legal/tax provision against this?
Many thanks,
j
As for the other case, company car provided by the company, where in the revenue can It be found that you cannot claim the tax allowance
I am in exactly the same situation, i receive €9.5k per year car allowance (having opted out of company car scheme) which is subject to normal tax, PRSI etc. (comes through payroll) and claim 59.07c for the first 6438km and 28.46c for every km after. As far as i am aware it is not needed to be declared.
As for the other case, company car provided by the company, where in the revenue can It be found that you cannot claim the tax allowance
You can't claim over the civil service rates. If you do, the full amount becomes taxable.
Correct once you make the correct claim with the necessary backup.you are entitled to a flat rate expense up to the civil service rate
[Statement of Practice (SP - IT/2/07) paragraph 2.8 refers]
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