Off Topic-Mileage Reimbursment 2

[DTSMAN]

At least 50% of my work is field work. At my company we use our own vehicles and get paid a set amount per mile. It is less than the allowance given by the govrenment at tax time. My question is; Does anyone else work in this situation and if so, is your employeer paying more per mile during this gas crisis? I have a full size truck and I am getting killed at the pump. Yes, I know, buy a gas saver, to little to late, I'm broke now.

Bo

Kentucky phone support-
"Mash the Kentrol key and hit scape."

 

[RoyVidar]

Today I payed approx $1,74 per liter - how much worse is it where you are?

Roy-Vidar

 

[DTSMAN]

$2.65 per gallon Louisville, KY with a projection of $2.85 per gallon for the weekend.

Bo

Kentucky phone support-
"Mash the Kentrol key and hit scape."

 

[dyarwood]

Here in the UK you can claim the difference back from the taxman (or woman).

By the way just worked out we pay $6.09 per gallon.

 

[chiph]

It is less than the allowance given by the govrenment at tax time.

You should be able to claim this difference as an expense at tax time. Make sure you keep good records -- The IRS will want to know if you're picking up groceries while claiming to be working. All it needs to be is a little notebook where you note the starting milage, who/where the customer site is, and ending milage.

I'm actually surprised they aren't paying what the IRS deduction is. I suspect they're running a scam -- claiming the full amount to the goverment, but not reimbursing you the same. If you ask them about increasing the amount, be nice. No need to cheese them off.

Also - are you a W-2 or a 1099 employee? If you're a 1099, start including a fuel surcharge on your invoices, much like UPS does.

Chip H.


____________________________________________________________________
If you want to get the best response to a question, please read FAQ222-2244 first

 

[DTSMAN]

This is my second company in 10 years and neither paid the full amount of the allowance. Yes I do claim my mileage and know all those details. I guess I am really putting out a feeler for is if any employeers are reimbursing a little extra during this gas crisis and\or how anyone else is handling this situation which is creating a loss. Chip I am not a 1099 employee, I am hourly. I am not that well paid and an extra $100 month plus in gas is about to catch up with me, quickly.

Bo

Kentucky phone support-
"Mash the Kentrol key and hit scape."

 

[chiph]

Sounds like a conversation with the boss is needed then. But be prepared for them to say no.

Chip H.


____________________________________________________________________
If you want to get the best response to a question, please read FAQ222-2244 first

 

[flapeyre]

RoyVidar's price of $1.74 per liter works out to $6.5772 per US gallon (1 gallon = 3.78 liters).

The cheapet price I could find today is $2.479 / gallon (or $0.655820106 per liter). I filled up on Saturday for $2.359 / gallon ($0.624074074 / liter).

In June, I took a trip and was paid 40.5 cents per mile for going to and from the airport.



Me transmitte sursum, Caledoni!

 

[barbola]

What is your mileage rate from your employer? I believe there is a benchmark for income tax purposes. Our employer recently increased the mileage rate from $0.35 to $0.37 per KM (Canada).

Gas price here just went up over $1.00/litre

Thanks!
Barb E.

 

[flapeyre]

US$0.107 per litre (as I said, 40.5 cents per US gallon). That works out to C$0.127370 per litre at today's exchange rate.

Me transmitte sursum, Caledoni!

 

[flapeyre]

Mea culpa - got my units of measurement messed up.

That should be 40.5 cents per mile, which is C$0.2050657 per km at the exchange rate. You still get less and have to pay more, to boot.

I heard the story on the news today that a Canadian postal worker decided the mileage allowance would pay enough for her horse's oats and hay, but not for gasoline, so now she's delivering the mail on horesback.

Me transmitte sursum, Caledoni!

 

[lionelhill]

... my employer does actually have a per mile rate for using a bicycle. I've been wondering about working out how to claim it one day.

 

[ChrisHunt]

Remember reading about one of the London Boroughs (I think) who paid a set amount per mile, but left it up to the employee how they made the journey - foot, bike, bus, car, whatever. Quite a neat way of pushing the green agenda, as the employees made a profit through not using a car.

UK petrol prices are approaching £1 a litre.

-- Chris Hunt
Webmaster & Tragedian
Extra Connections Ltd

 

[lionelhill]

Ah, but 2/3rds of UK petrol pumps can't display a number bigger than 99.99 (Source: Guardian newspaper, I think, might have been telegraph)

I once saw a Royal Mail advert, which mentioned you got a company bicycle (nicely painted in red) as standard.

 

[ChrisHunt]

But is the software in the pump/petrol station capable of charging more than 99.99p a litre? It wouldn't matter that the pump couldn't display the price - they could just write the price on a bit of cardboard and tape it over the lcd screen if necessary.

-- Chris Hunt
Webmaster & Tragedian
Extra Connections Ltd

 

[flapeyre]

When the first oil shortage hit the US in the 70's, most pumps had mechanical meters which topped out at $1.00/gallon (some older ones topped out at 50 cents per gallon). For those cases, the price at the pump represented the price per 1/2 gallon, and the retailer just doubled the amount.

Me transmitte sursum, Caledoni!

 

[nissan240zx]

Best is to talk to your HR. Ask them if any extra can be paid to handle the increasing gas prices.


A good programmer is someone who looks both ways before crossing a one-way street. - Doug Linder

 

[flapeyre]

I'll have to wait on that; we're temporarily down due to Hurricane Katrina. While there was no real damage to our building, there is no electricity or water (and for all I know, no communications). We are working on getting our backup online today, perhaps.

Me transmitte sursum, Caledoni!

 

[NDeters]

In my state government position, we had been paid the rate of $0.29 per mile up until a couple months ago. They raised the rate to $0.35, and that helps, but it still doesn't cover the full range of personal costs of driving my vehicle. We had a large discussion about this in our organization and you have to take account of more than just fuel costs...wear and tear on your vehicle, oil changes, tire replacment, insurance to cover work driving etc.

The last time I heard the Federal rate it was set at $0.42 per mile, and I think that would be more appropriate...of course the budgets wouldn't like the increases

 

[Thadeus]

In 1999 I worked for a company in Northern New Jersey. I had a client about 35 miles away on Long Island. For a few of those miles I would drive the Cross Bronx Expressway which is a bottle neck during good conditions. 2 - 2.5 hours later, I'd be at the customer site and wondering how the $0.32 per mile was gonna cover my fuel costs.

Moral of the story: Mileage reimbursement has been determined by a professional driver on a closed track. Do not attempt this in your own vehicle. Actual mileage may vary. Always wear your seat belt and remember if drinking while driving, at least have the decency to share with others while at the red light.

~Thadeus