[thechat] Auto Expense mileage rate in UK

[martin.p.burns at uk.pwcglobal.com]

Memo from Martin P Burns of PricewaterhouseCoopers

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Depends on a couple of things:
1) Size of your car's engine (bigger engine=more petrol usage)
2) Whether you have a company car (if it's your car, then it's only fair
    that the co. picks up a share of depreciation, maintenance etc)
3) How generous your company is/how much they can charge on to
   clients.

I have a company car, which the co. pays for maintenance, insurance etc,
and I pay part of the leasing cost (which is allowed for in my total
benefits
package. The idea is that I can choose *any* car, but if I want something
more expensive, then I should contribute towards that, otherwise we'd all
be
driving Mercedes SLKs, Maclaren F1 road cars or Audi A6s).

I get 12p a mile in mileage which is about what the petrol cost is, unless
I
drive like Michael Schumacher (Petrol is 78.9p a litre at the moment in
most places). This is for a 1.8l engine.

If I were driving my own car (a 1.4), I'd be getting I think about 30p a
mile.

Cheers
Martin




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Subject:  [thechat] Auto Expense mileage rate in UK


Someone was asking me what the normal rate for reimbursement for automobile
usage per mile is in the UK.  For example, here in the US, if you use your
car for business purposes, the company will reimburse you $0.35 a mile to
cover gas, usage, and so forth.  What is the average reimbursement in the
UK?




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