Payables and Cash Management - EBS (MOSC)

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VAT calculation on Mileage for own car employees

edited Aug 26, 2016 5:00AM in Payables and Cash Management - EBS (MOSC) 4 commentsAnswered

Hello Experts

We have a requirement in iexpenses to calculate VAT for the below scenario. Can you please shed some light on this

VAT is currently being reclaimed on business mileage reimbursed to “own car drivers” on the full 30p per mile. The 30p per mile is to cover fuel, insurance RFL, maintenance, etc. Insurances for example are not VATeable, accordingly VAT can only be reclaimed on part of the 30p – the fuel element. Whilst the amount we pay is 30p regardless of engine size the AFR’s below vary depending on engine size and fuel type. VAT can be reclaimed on the AFR rates below.  VAT is blocked on the difference between 30p per mile and the AFRs below. These AFRs can

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