How do I work out the amount I can claim for using my car for work using the "pence per mile" method? - part 2 of 1 2

Published 01/02/2008


calculating his expenses they are as follows:
Motor fuel £1,300
Motor expenses £ 300
Motor Insurance £ 800
Depreciation £2,400
TOTAL £4,800

Using the pence per mile basis he could claim:
10,000 miles at 40p = £4,000
5,000 miles at 25p = £1,250
TOTAL £5,250

Therefore based on the above John would be better of changing to the pence per mile basis.

Have you got a topic or general tax question you want us to cover in the Q & A next issue? Then email

Please Note:
There is more than one page for this Article.
You are currently on page 2
1st Published 01/02/2008
last update 06/11/2019 11:07:37

More Business Articles

The Societies of Photographers Convention and Trade Show at The Novotel London West, Hammersmith ...
You have 265 days until The Societies of Photographers Convention starting on Wednesday 16th March 2022

Feb 0832Professional Image Maker

Professional Photo magazine - Professional Photographer of the Year competition now open for entries. £8000 worth of prizes to be won!