Can you claim EV charging costs from company

Can you claim EV charging costs from company

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ds666

Original Poster:

2,749 posts

184 months

Wednesday 4th December 2019
quotequote all
If you have a company electric car , can you claim the costs of charging said vehicle from the company ,when you charge at home ??


MOBB

3,747 posts

132 months

Wednesday 4th December 2019
quotequote all
I was looking for an answer on this after I got my Model 3, and there doesn't seem to be a clear answer online.

I was hoping that you just claim ALL electric charging costs for the car, and pay zero BIK on this as electricity is not deemed to be a fuel for tax purposes. However I cant see any reference to this approach online.

I came to the conclusion that you can only claim the business miles at 4p per mile.

RazerSauber

2,452 posts

65 months

Wednesday 4th December 2019
quotequote all
I would suspect they'd give you the same allowance type as petrol, such as 25p/mile. Might be less due to lower running costs of EV's. Have you spoken to the company in question?

ds666

Original Poster:

2,749 posts

184 months

Wednesday 4th December 2019
quotequote all
RazerSauber said:
I would suspect they'd give you the same allowance type as petrol, such as 25p/mile. Might be less due to lower running costs of EV's. Have you spoken to the company in question?
Its my company .... and they don't know lol

Heres Johnny

7,391 posts

129 months

Wednesday 4th December 2019
quotequote all
4p a mile

https://www.gov.uk/government/publications/advisor...

(Google is a wonderful thing)

ds666

Original Poster:

2,749 posts

184 months

Wednesday 4th December 2019
quotequote all
Heres Johnny said:
4p a mile

https://www.gov.uk/government/publications/advisor...

(Google is a wonderful thing)
Thanks for the link and the sarcy comment

So I can claim 4p for every mile I do ? Its not very clear .



Fastlane

1,256 posts

222 months

Wednesday 4th December 2019
quotequote all
I have my own company and as a company car, as has been said, you can only claim 4p/business mile for an EV. For long journeys, you could argue that Supercharging/other charge networks are a travel cost and therefore expense the full cost for those instead of claiming the mileage. I will probably stick to 4p/mile as it's simpler. You can also put the cost of home & work chargers through the business ad claim the OLEV grant if they are "smart". I have had an Andersen A2 installed at home as I wanted something that looked good (my 16 year old daughter said "That's cool, what is it?" when I showed a picture of one!) rather than the usual plastic carbuncles/hose reels that most charge points resemble.

FYI I have had my Model 3 P for 3 days and am liking it so far. It feels comfortable and luxurious, but not sporty, in the manner of a powerful automatic GT car. It is also pretty anonymous, which suits my business and my personality!

Dave Hedgehog

14,660 posts

209 months

Wednesday 4th December 2019
quotequote all
could you have a company card to pay for the rapid chargers?

4p a mile is bad

geeks

9,465 posts

144 months

Wednesday 4th December 2019
quotequote all
Dave Hedgehog said:
could you have a company card to pay for the rapid chargers?

4p a mile is bad
Depends on running costs surely?

ds666

Original Poster:

2,749 posts

184 months

Wednesday 4th December 2019
quotequote all
[quote=Fastlane]I have my own company and as a company car, as has been said, you can only claim 4p/business mile for an EV.


Fastlane - is this your reading of the rules or what your accountant says ( or you may be an accountant !) ? I've read the HMRC site info and it is confusing to me ... ) in that it talks about " Fuel rates " , details the business and private element , but then says elsewhere " Electricity is not a fuel for car fuel benefit " .

Logically , if you have an ICE car and are allowed to fill up for private and business use , you are taxed accordingly based a benefit in kind and the p11d rate etc . The only difference I see with an EV is that you may be in a situation where you sell yourself electricity ....
So why can't you claim the 4p on every mile you pay for the charging - or claim the actual cost of the electricity back from the co. as you would do if you filled up a fully expensed car and paid for it yourself .

Dave Hedgehog

14,660 posts

209 months

Wednesday 4th December 2019
quotequote all
geeks said:
Depends on running costs surely?
if your rapid charging on business use you could pay 20-35p a Kw/h

ds666

Original Poster:

2,749 posts

184 months

Wednesday 4th December 2019
quotequote all
geeks said:
Dave Hedgehog said:
could you have a company card to pay for the rapid chargers?

4p a mile is bad
Depends on running costs surely?
approximately :
Say 14p/kwh , 90kwh = £12.60 . 200 mile = 6p/mile .
If you charge at the ones that charge 35p/KWh , 15p/ mile

( my 335d was about 15p/mile )



Heres Johnny

7,391 posts

129 months

Wednesday 4th December 2019
quotequote all
ds666 said:
Heres Johnny said:
4p a mile

https://www.gov.uk/government/publications/advisor...

(Google is a wonderful thing)
Thanks for the link and the sarcy comment

So I can claim 4p for every mile I do ? Its not very clear .
Its not hard to guess that the HMRC would have the information - so I googled it

If you took it as sarcy then I can only assume you realise you are a lazy arse who prefers to just post questions on forums rather than learn how to do research of your own.

Fastlane

1,256 posts

222 months

Wednesday 4th December 2019
quotequote all
ds666]astlane said:
I have my own company and as a company car, as has been said, you can only claim 4p/business mile for an EV.


Fastlane - is this your reading of the rules or what your accountant says ( or you may be an accountant !) ? I've read the HMRC site info and it is confusing to me ... ) in that it talks about " Fuel rates " , details the business and private element , but then says elsewhere " Electricity is not a fuel for car fuel benefit " .

Logically , if you have an ICE car and are allowed to fill up for private and business use , you are taxed accordingly based a benefit in kind and the p11d rate etc . The only difference I see with an EV is that you may be in a situation where you sell yourself electricity ....
So why can't you claim the 4p on every mile you pay for the charging - or claim the actual cost of the electricity back from the co. as you would do if you filled up a fully expensed car and paid for it yourself .
I am not an accountant, but my accountant confirmed the 4p/business mile. In terms of your questions, I think this site may help: https://autotrip.com/hmrc-mileage-rates-electric-c... It seems if your employer pays you more than 4p/mile, then the onus is on them to prove that the electricity cost to the employee was more than 4p/mile, hence people sticking to the 4p/mile.

ds666

Original Poster:

2,749 posts

184 months

Wednesday 4th December 2019
quotequote all
Fastlane said:
ds666]astlane said:
I have my own company and as a company car, as has been said, you can only claim 4p/business mile for an EV.


Fastlane - is this your reading of the rules or what your accountant says ( or you may be an accountant !) ? I've read the HMRC site info and it is confusing to me ... ) in that it talks about " Fuel rates " , details the business and private element , but then says elsewhere " Electricity is not a fuel for car fuel benefit " .

Logically , if you have an ICE car and are allowed to fill up for private and business use , you are taxed accordingly based a benefit in kind and the p11d rate etc . The only difference I see with an EV is that you may be in a situation where you sell yourself electricity ....
So why can't you claim the 4p on every mile you pay for the charging - or claim the actual cost of the electricity back from the co. as you would do if you filled up a fully expensed car and paid for it yourself .
I am not an accountant, but my accountant confirmed the 4p/business mile. In terms of your questions, I think this site may help: https://autotrip.com/hmrc-mileage-rates-electric-c... It seems if your employer pays you more than 4p/mile, then the onus is on them to prove that the electricity cost to the employee was more than 4p/mile, hence people sticking to the 4p/mile.
thanks - that led me to this

HMRC will accept that if employers pay up to the Advisory Electricity Rate of 4p per mile when reimbursing their employees for business travel in a fully electric company car there is no profit - there will be no taxable profit and no Class 1 National Insurance to pay.

“On a similar basis to Advisory Fuel Rates, employers can use their own rate which better reflects their circumstances if, for example, their cars are more efficient, or if the cost of business travel is higher than the guideline rate ..

Still doesn't cover the private element thou ...

I'll Google that and then keep it to myself . These forums are just a pain when you can Google everything .

anonymous-user

59 months

Wednesday 4th December 2019
quotequote all
Oh right, this is missing from my spreadsheet. i generally charge for free but even so i can claim 4p a mile as zero vat rated expense? it doesn't impact BIK or open me up to fuel benefit tax or anything like that?


Edited by anonymous-user on Wednesday 4th December 14:08

Heres Johnny

7,391 posts

129 months

Wednesday 4th December 2019
quotequote all
ds666 said:
I'll Google that and then keep it to myself . These forums are just a pain when you can Google everything .
Ever willing to help

https://support.google.com/websearch/answer/134479...

jamoor

14,506 posts

220 months

Wednesday 4th December 2019
quotequote all
Can the company pay for the chargepoint at home?

ds666

Original Poster:

2,749 posts

184 months

Wednesday 4th December 2019
quotequote all
Heres Johnny said:
ds666 said:
I'll Google that and then keep it to myself . These forums are just a pain when you can Google everything .
Ever willing to help

https://support.google.com/websearch/answer/134479...
So what’s the answer to my questions Sage ? I did google , it is inconclusive . But thanks for your input . Most helpful

Heres Johnny

7,391 posts

129 months

Wednesday 4th December 2019
quotequote all
ds666 said:
Heres Johnny said:
ds666 said:
I'll Google that and then keep it to myself . These forums are just a pain when you can Google everything .
Ever willing to help

https://support.google.com/websearch/answer/134479...
So what’s the answer to my questions Sage ? I did google , it is inconclusive . But thanks for your input . Most helpful
Jeez,... guess where I found the logic yet again fir you...

https://www.gov.uk/expenses-and-benefits-electric-...

If you pay then you only get 4p for business miles

If the company pays directly (workplace chargers) you can fill your boots