T.R | Title | User | Personal Name | Date | Lines |
---|
594.31 | | MUGGER::MUGGER::HESLOP | | Thu Apr 29 1993 19:53 | 5 |
| This topic looks ripe for reactivation, now petrol is �2.25-�2.50 a
gallon and we're being forced to have cats fitted to the car with there
asociated fuel penalties.
Brian
|
594.32 | Be sensible !!! | KERNEL::PETTET | Norm Pettet CSC Basingstoke | Fri Apr 30 1993 20:33 | 11 |
| Brian,
Taking a worse case of 2 pounds 50 pence a gallon - to break even
your car needs to do 31.25 miles/gallon. Most petrol cars
driven sensibly do more than that (my diesel does 50+ miles/gallon).
8p/mile appears to be about right after all you are NOT intended to
make a profit.
Norm
|
594.33 | | MUGGER::MUGGER::HESLOP | | Fri Apr 30 1993 22:36 | 8 |
| The allowance is also meant to cover additional oil etc. The 214 with
cat does around 36-38. Of course if I'd got the non-cat version I ordered
it would have been better.
Clearly a number of people with other cars a loosing out every time
they use the car on company business.
Brian
|
594.34 | Not a drop is drunk! | TIMMII::RDAVIES | An expert Amateur | Fri Apr 30 1993 23:21 | 5 |
| Oil, What's oil?. My car never uses the stuff, least not when I have
it. Dunno what they do at services, but that's not down to me is it?.
Richard
|
594.35 | Better check the oil | YUPPY::RAVEN | | Sat May 01 1993 16:38 | 6 |
| Oh god ...... Thats why my Rover could have started making a rattle noise o
startup ... better check the oil.... Can you claim for pay for oil with a
Fleet card ?
KR
|
594.36 | | YUPPY::RAVEN | | Sat May 01 1993 16:40 | 7 |
| ;-1
Not its not that .... Comes half way up the dip stick ... well between the
two holes in the dip stick anyway .
KR
|
594.37 | | TASTY::JEFFERY | Children need to learn about X in school | Tue May 04 1993 10:51 | 5 |
| You cannot pay for oil with a fleet card.
Presumably PHH or Hertz would pay for the repair of a seized engine though!
Mark.
|
594.38 | PHH authorised it. | SEDSWS::OXFORD | eezer good ! | Tue May 04 1993 11:40 | 13 |
|
re -1
Yes you can
I have.
Nick.
|
594.39 | | VANGA::KERRELL | Expectation Manager | Tue May 04 1993 13:50 | 6 |
| >Presumably PHH or Hertz would pay for the repair of a seized engine though!
I know of a case where the Digital Cost Centre picked up the charge because of
lack of coolant in the engine.
Dave.
|
594.40 | | TASTY::JEFFERY | Children need to learn about X in school | Tue May 04 1993 14:21 | 5 |
| I'm sure I was unable to (I think I rang up PHH) I was amazed, but I still went
to a Petrol station and payed for it personally. Synthetic oil isn't cheap
either!
Mark.
|
594.41 | synthetic oil - what's wrong with REAL stuff? | TRUCKS::BUSHEN_P | But I'm unlucky in cards _as well_ | Wed May 05 1993 12:10 | 16 |
| >
>I'm sure I was unable to (I think I rang up PHH) I was amazed, but I still went
>to a Petrol station and payed for it personally. Synthetic oil isn't cheap
>either!
>
why the expensive oil? are you going to buy the car when the lease is up?
over the 60,000 miles I've done in my 3 years all I've wacked in is the
cheapest I can find. who cares about the car when PHH get it back
tight? me?
:-) :-) :-)
Paul~
|
594.42 | | KERNEL::SHELLEYR | | Wed May 05 1993 12:25 | 8 |
| Re : Synthetic oil
I assume you're talking about your 5GTT Mark. I don't think even
Renault garages use sunthetic oil in services. Ralphs certainly don't.
There are plenty of cheap 20w 50 oils around for �2.99 for 5 litres.
Royston
|
594.43 | | TASTY::JEFFERY | Children need to learn about X in school | Wed May 05 1993 15:50 | 4 |
| Its a Clio now, and I assume it still requires synthetic. Maybe I'm naiive, but
I always assumed they used synthetic.
Mark.
|
594.44 | | KERNEL::SHELLEYR | | Wed May 05 1993 15:58 | 11 |
|
You don't think PHH would pay for synthetic do you ?
I remember having this discussion in #256 when I was interested in
5GTT's a couple of years ago. I recall phoning a Renault garage
and asking them and there used standard oil in routine services.
Things might have changed. Maybe someone could ring a garage and find
out and post the info here. (Or a more appropiate note)
Royston
|
594.45 | Semi Synthetic | ARRODS::WINTERSS | Sean WInter - London TCC | Wed May 05 1993 17:51 | 6 |
| Its the ELF competition oil for the Clio. The garage used to bung in the Castrol
equivalent but now its back to the Elf oil.
And I use my PHH card to pay for it outside service.
Sean
|
594.46 | | KERNEL::SHELLEYR | | Wed May 05 1993 17:59 | 7 |
| �And I use my PHH card to pay for it outside service.
So you're saying that PHH _will_ pay for oil !
This is a revelation.
Royston
|
594.47 | So far so good. | ARRODS::WINTERSS | Sean WInter - London TCC | Wed May 05 1993 18:04 | 1 |
| No hassles so far.
|
594.48 | MPG in city driving | DBOT14::HANLEY | | Fri Jun 04 1993 13:29 | 18 |
|
Regarding start/stop city driving and loosing money on petrol doing
company business I do not think you need be driving a high performance car
to loose money, it depends a lot on how slow the traffic is.
I would be interested if anybody has "official" (from a recognised
source) information available which outlines the costs of start/stop
driving e.g 5 mins stopped in traffic=1 litre petrol etc.
Rgds,
Go neiri an bothar leat... i.e literally means "may the
road open up in front of you"...or in sentiment "happy easy driving to
you"
Padraic.
|
594.49 | fuel consumption in traffic........... | NEWOA::CROME_A | | Wed Jun 09 1993 14:43 | 7 |
| My GSi Astra has a fuel computer, on which one of the functions is "instant fuel
economy". When idling in traffic it reads 0.2 Gallons per hour, if the lights;
heater; stereo etc are also on it goes up to 0.3 Gal per hr.
Hope this gives you an idea...
Andy
|
594.50 | Petrol prices | LARVAE::DARRALL_D | Dave Darrall, SE PSC, 781-1662 | Thu Sep 01 1994 21:22 | 8 |
| Looking at the cost of petrol on the new M40 services
61.x for 4* per litre
56.x for Unleaded
The cost of petrol is going up, if these prices become more common the
8p a mile won't be covering the cost.
dave d
|
594.51 | | VANGA::KERRELL | Hakuna matata! | Fri Sep 02 1994 13:37 | 7 |
| re.50:
Looks like they're taking advantage of the lack of services on the M2/M25/M40
route. These prices are not reflected by what I've seen and paid around the UK
recently.
Dave.
|
594.52 | | FUTURS::JENKINS | Norfolk enchance | Fri Sep 02 1994 13:52 | 4 |
|
Wouldn't this note be better retitled to "Still subsidising DEC"?
Richard.
|
594.53 | | COMICS::FISCHER | Life's a big banana sandwich | Fri Sep 02 1994 14:27 | 2 |
| The Tesco's I went to the other day was 49.9p per litre for
unleaded.
|
594.54 | Re.50 | CMOTEC::POWELL | Nostalgia isn't what it used to be, is it? | Fri Sep 02 1994 14:32 | 16 |
| Looking at the cost of petrol on the new M40 services
61.x for 4* per litre
56.x for Unleaded
The cost of petrol is going up, if these prices become more common the
8p a mile won't be covering the cost.
dave d
That means, roughly, that if your car does less than 34/31 MPG
respectively, DIGITAL's 8.0p per mile doesn't even cover the cost of the
petrol!!!
Malcolm.
|
594.55 | Re.53 | CMOTEC::POWELL | Nostalgia isn't what it used to be, is it? | Fri Sep 02 1994 14:38 | 10 |
| The Tesco's I went to the other day was 49.9p per litre for
unleaded.
Yes! That upset me, 'cos I usually fill up at Tesco's these days - at
the new one at Warfield - and the price has gorn nup to 49.9p per Litre. I was
not at all a happy chappy last evening, when I drove past ASDA on my way home,
to see that they are selling Diesel at 47.9! Unleaded was the same.
Malcolm ;-{
|
594.56 | Even YOPS pays more! | UNTADE::TOP | | Thu Sep 08 1994 14:51 | 5 |
| My brother-in-law just got a job on a government 'cheap-labour' scheme,
if he has to use his car for workhe gets 25p a mile. Makes 8p look a
bit sad really.
Al.
|
594.57 | | LARVAE::DARRALL_D | Dave Darrall, SE PSC, 781-1662 | Thu Sep 08 1994 20:38 | 1 |
| If they gave him so many thousands a year car allowance as well, yes !
|
594.58 | | BAHTAT::HILTON | http://blyth.lzo.dec.com | Tue Aug 08 1995 14:57 | 8 |
| Does anyone have the recentish mail which explained why we were still
on 8p mile?
could they forward it to greg hilton@lzo?
Cheers,
Greg
|
594.59 | | COMICS::SHELLEY | Thats all I have to say about that | Tue Aug 08 1995 15:13 | 6 |
| Greg, I can't help but your reply prompted me to read .0
It made me laugh at the price of petrol back then. What was he
complaining about.
Royston
|
594.60 | | COMICS::WEGG | Some hard boiled eggs and some nuts. | Thu Aug 10 1995 11:48 | 83 |
| From: RDGMTS::REO::RDGMTS::AM_WMSG::WORLDMESSAGE 13-FEB-1995 18:10:36.31
To: @Distribution_List
CC:
Subj: Mileage rates
To: All employees
From: Shoaib Quraeshi, Country General Manager
Subject: Mileage rates
_____________________________________________________________
Following recent increases in the duty on fuel announced by
the Chancellor of the Exchequer in his autumn budget, the
Territory Management Team has reviewed the rates at which we
reimburse employees for mileage driven on company business.
A breakdown of the factors included in the review is
attached.
As a result of the review, we have decided that there will be
no change to the current rates of reimbursement.
Company mileage will continue to be reimbursed at 8p per mile
for car supplement holders. For employees who do not receive
a car supplement and use their own car for company business,
the rate will remain at 32p per mile for the first 100 miles
per week and at 8p per mile thereafter (a maximum of 4,000
miles at 32p can be claimed in a single tax year).
Regards,
Shoaib
ELEMENTS COMPRISING THE MILEAGE RATE
13th February 1995
_____________________________________________________________
The elements
~~~~~~~~~~~~
The same calculation formula has been used consistently for a
number of years. It is based on the following elements:
- the cost of unleaded petrol at a given reference site
garage
- an average fuel consumption of 30 mpg
- 0.5p per mile for oil consumption
Threshold at which a change is considered
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
A change to the reimbursement rate is usually deemed
necessary when the cost per mile resulting from the above
calculation moves up or down by 5% or more.
Price movement at this review
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
At this review the calculation showed that the cost per mile
had moved up by less than 1% as a result of the budget
increases in duty - not enough to trigger a potential change
to the reimbursement rate.
This can be attributed to the fact that prior to the budget
there was a distinct downward trend in petrol prices.
Oil allowance
~~~~~~~~~~~~~
At this review we decided that it is no longer appropriate to
include an oil allowance of 0.5p per mile in the calculation
as cars now use significantly less oil.
When this amount was deducted from the cost-per-mile figure,
the figure was below 8p per mile. However, the downward
fluctuation was also less than our 5% change threshold, so no
reduction in the reimbursement figure was considered to be
necessary.
To Distribution List:
|
594.61 | | CHEFS::GEORGEM | I|c|e|l|a|n|d | Thu Aug 10 1995 11:53 | 5 |
| I'm amazed. Looking at the base note, the allowance *6 years* ago was the same
as it is now. Either that shows that DEC were being reckless and deserved to
end up in the financial strife they eventually found themselves in, or it shows
that they are insulting their employees 6 years later by offering pathetic
mileage rates. I've never seen anything like it.
|
594.62 | | YUPPY::BUSH | Alive and Kicking | Thu Aug 10 1995 12:25 | 6 |
|
Qucik calculation: - without oil costs
1989 - 190 per gallon - 30mpg....... cost 6.3p per mile
1995 - 225 per gallon - 30 mpg.......cost 7.5p per mile
|
594.63 | 52.9 per litre in Reading | CHEFS::GEORGEM | I|c|e|l|a|n|d | Thu Aug 10 1995 12:29 | 4 |
| a) Where does one get petrol for 225 per gallon?
b) Add the oil costs
m.
|
594.64 | | COMICS::SHELLEY | Thats all I have to say about that | Thu Aug 10 1995 12:39 | 9 |
| �a) Where does one get petrol for 225 per gallon?
Dunno, but 52.9 = �2.40/gall @30mpg = 8p a mile
�b) Add the oil costs
Read the memo posted in .60 about the Oil Allowance. Its been dropped.
Royston
|
594.65 | | CHEFS::GEORGEM | I|c|e|l|a|n|d | Thu Aug 10 1995 12:53 | 12 |
| I'd like to see a comparison between Digital's compensation and one of our
copmpetitiors'. I know it's not a direct comparison, but my housemate receives
over 40p a mile for the first 500 miles, and 17p a mile after that, with the
NRA. This is to pay for all manner of maintenance that is required due to the
additional mileage, and insurance. Petrol is not the only consumable for which
usage increases with mileage.
btw, it doesn;t really affect me, but I know that if I was stuck with that
situation for a longer period than I am, then I'd soon start wondering if it's
worth using the car. Digital would have to pay a hell of a lot more out if
everyone caught the train/taxis. They should be encouraging us to use our
cars, and not encouraging us to leave them in the drive. (IMO)
|
594.66 | Co Car Rate | YUPPY::PATEMAN | Cuore Sportivo | Thu Aug 10 1995 14:18 | 5 |
| I would suggest that your friend's rate applies to his own car rather
than a company provided one (or car supplement) - which is what our 8p
applies to.
Paul
|
594.67 | | CHEFS::GEORGEM | I|c|e|l|a|n|d | Thu Aug 10 1995 16:23 | 3 |
| It does apply to his own car. I had been led to believe tha tthe same applied
here. For owners of their own cars, it's 32p a mile up to a limit, and 8p a
mile after it. If this isn't so, I've got some digging to do.
|
594.68 | | COMICS::SHELLEY | Thats all I have to say about that | Thu Aug 10 1995 16:29 | 8 |
| The rules are for private car business mileage - 32p/mile for the 1st 100
miles in any given week, 8p/mile thereafter.
The theory being I guess is that if you are doing a lot of business
mileage you should be elligable for a company car or if short term
perhaps a hire car.
Royston
|
594.69 | | YUPPY::PATEMAN | Cuore Sportivo | Thu Aug 10 1995 16:59 | 4 |
| Correct, any significant mileage should bdone in a hire car. This is
how I used to ask one of my Office Sales People to do.
Paul
|
594.70 | | CHEFS::GEORGEM | I|c|e|l|a|n|d | Thu Aug 10 1995 17:12 | 6 |
| re .68 and .69
Until Monday of this week, I was too young to drive a hire car, and therefore
had to use my own car for any travelling.
m.
|
594.71 | | REOPC2::WHITEHEADJ | Visions in blue | Fri Aug 11 1995 15:18 | 7 |
| Hiring a car for short term is all very well, but I've been working in
DECpark this week (I'm based in London) and the difference in cost between
using my own car at 32p per mile for the first 100 miles and 8p per mile
for the remaining 400 miles (50 miles journey each way for 5 days) costs
about �80 cheaper than if I hired a car.
Jane.
|
594.72 | | VANGA::KERRELL | DECUS Dublin 11-15 September'95 | Tue Aug 15 1995 12:50 | 7 |
| re.71:
If you are not entitled to a car supplement (or whatever they are called...)
then you should hire as the rates you are getting will not fully compensate you
for increased depreciation, extra insurance, extra servicing etc..
Dave.
|
594.73 | | COMICS::SHELLEY | Thats all I have to say about that | Tue Aug 15 1995 12:52 | 5 |
| I think the point that Jane is making in .71 is that why doesn't the
company give a better mileage rate as it is more expensive for the
company to hire a car than to give a reasonable mileage allowance.
Royston
|
594.74 | going to the sunny side | KERNEL::BARTHUR | | Tue Aug 15 1995 15:35 | 14 |
|
I can't resist replying to this.
I am going to work for Sun in a few weeks time so here goes!
The car allowance is at least 25% up on Digital's depending on level.
In my case the allowance is nearly 7k.
If you have a lease car you are issued with an allstar card and all
your private mileage is paid as well.
Running your own car, which i will, pays the princely sum of 19p/mile
which in a Pug 205td makes me smile. :>)
Are you happy with your Vauxhall?
|
594.75 | | BAHTAT::DODD | | Wed Aug 16 1995 11:01 | 11 |
| That 7K wouldn't be subject to tax would it? My 4K is worth 6,666 if
the scheme came out of taxed income.
Private petrol incurs more tax.
19p per mile, to cover extra depreceation, service, tyres, replacement
when damaged/broken, border line I'd think.
I'm happy with my Vauxhall.
Andrew
|
594.76 | add it up again! | KERNEL::BARTHUR | | Wed Aug 16 1995 11:33 | 8 |
| re .last
If you take the cash it's taxed, obviously!
Maybe you are unaware that if you take the cash instead at Digital,
currently K2.9 up to level 8, that leaves about k2.2 and more
importantly, you can still only claim 8p/mile for business use.
Not very good at arithmetic then?
Glad you're happy!
|
594.77 | | BAHTAT::HILTON | http://blyth.lzo.dec.com | Wed Aug 16 1995 11:36 | 10 |
| re .74,
So what cars do Sun give then in a 7k price bracket? I think Andrew was
saying that the Digital allowance, for a company car, before tax, is
around 7k.
Happy with my Vauxhall, happier NOT to be working for Sun ;^)
Greg
|
594.78 | | KERNEL::BARTHUR | | Wed Aug 16 1995 12:09 | 5 |
|
the Digital allowance before tax is nowhere near 7K!
not even 5K.
7K buys something around 22k worth of car!
|
594.79 | what's tax ? | MARVIN::ILETT | | Wed Aug 16 1995 15:07 | 15 |
| > the Digital allowance before tax is nowhere near 7K!
> not even 5K.
Really depends on how you define "before tax"
I get a 3560 supplement and spend it on a car before the tax man sees
it.
If I had to spend 3560 out of taxed income I'd need
5933 pounds before tax to be equal (assuming 40 % tax rate)
I could therefore argue that Digital's supplement to me is about 6K.
Phil.
|
594.80 | | FUTURS::CLARKM | | Wed Aug 16 1995 15:47 | 20 |
|
>I get a 3560 supplement and spend it on a car before the tax man sees
>it.
>If I had to spend 3560 out of taxed income I'd need
>5933 pounds before tax to be equal (assuming 40 % tax rate)
>I could therefore argue that Digital's supplement to me is about 6K.
>Phil.
However, you DO get taxed very heavily on that �3560. If you take the cash,
standard tax applies. If you take the car and do less than 2500 business miles,
you pay far more tax than you would on �3560 cash. You may spend the �3560 on a
car before the tax man sees it, but unless you do >18K business miles, you pay
the same or more tax. Therefore, Digital's supplement to most people is <=
�3560, not 6k.
Matt
|
594.81 | apples and oranges | MARVIN::ILETT | | Wed Aug 16 1995 16:17 | 19 |
| > However, you DO get taxed very heavily on that �3560. If you take the cash,
> standard tax applies. If you take the car and do less than 2500 business miles,
> you pay far more tax than you would on �3560 cash. You may spend the �3560 on a
> car before the tax man sees it, but unless you do >18K business miles, you pay
> the same or more tax. Therefore, Digital's supplement to most people is <=
> �3560, not 6k.
But in the example given (Sun's supplement of 7K) co. car tax would be paid
by the driver as well, so it really depends on whether Sun employees can
use their supplement before it gets taxed or not, as to whether or not it is a
*substantially* better benefit than ours.
Also, by my reckoning, a car of less than 10171 list price attracts less of a
tax burden than 3560 pounds of income even for a <2500 miles per year business
user.
Phil.
|
594.82 | i'll try once more then | KERNEL::BARTHUR | | Thu Aug 17 1995 16:04 | 30 |
|
This arguement started because of my note which attempted to point out
the differences between the schemes so lets understand a couple of
things here.
The tax laws are the same for everybody!
Digital 'allows' a value based on level, same as Sun.
3560 appears to be the sum paid to level 7 and above? is that correct?
Sun allows a value dependant on level as well!
Sun's assignment of value is substantially more! difference between
3560 and 7K
Note 2290.85
BMW 320 SE with Air con is 6007 Q no is 8,007,978
So you would pay 2447, I would not!
If I choose not to take the car I get paid 7K minus tax.
Digital does not pay private mileage, Sun does if you have the company
car.
Sun pays 19p/mile buisness use (supplement paid)
Digital pays 8p/mile
I don't know how to make that any simpler. Does anyone still not
understand how uncompetetive the Digital scheme is? Anybody want to buy
a calculator?
Lastly, because I'm bored with this, digital's scheme is still more
than adequate. It isn't their fault that the government wants to screw
everyone who gets a company perk but thats another conversation as they
say! :>)
bye bye now
|
594.83 | Don't knock Digital, Praise SUN (possibly) | BRIEIS::BARKER_E | test dummy | Fri Aug 18 1995 12:44 | 11 |
| Hi,
I think Sun may be well above average whereas Digital is average.
I'm off in 3 weeks, the car allowance is almost identical and is part
of the package given before tax (same method as Digital), the cost of a
'standard choice' car on the scheme is the same, although I'll be
happier because I can wave farewell to the worst car I've ever owned
(Astra Diesel, list of problems/faults is long !) and say hello to a
Rover 416SLI.
Euan
|
594.84 | As much as 8.5p perhaps???? | CHEFS::16.42.144.104::marchr | Mega Hero | Mon May 20 1996 10:24 | 21 |
| A reply about my recent mail concerning the 8p per mile rate...
>Rupert,
>
> Your mail to Marion Flynn has been passed to me for reply.
>
> The subject of mileage reimbursement is currently being reviewed
> by the TMT as is the question of oil.
>
> A communication is expected shortly.
>
> Regards
>Pat
Sounds more like the Vatican - we'll be seeing white smoke coming out of Dec park soon.
Just looking at the base note date, it seems they probably change Pope's more often than the
"pence per mile" !
Rupert
|
594.85 | lines chopped to fit in 80 cols... | CBHVAX::CBH | Mr. Creosote | Mon May 20 1996 11:14 | 27 |
| <<< Note 594.84 by CHEFS::16.42.144.104::marchr "Mega Hero" >>>
-< As much as 8.5p perhaps???? >-
A reply about my recent mail concerning the 8p per mile rate...
>Rupert,
>
> Your mail to Marion Flynn has been passed to me for reply.
>
> The subject of mileage reimbursement is currently being reviewed
> by the TMT as is the question of oil.
>
> A communication is expected shortly.
>
> Regards
>Pat
Sounds more like the Vatican - we'll be seeing white smoke coming out of Dec
park soon.
Just looking at the base note date, it seems they probably change Pope's more
often than the
"pence per mile" !
Rupert
|
594.86 | | CHEFS::16.42.144.104::marchr | Mega Hero | Mon May 20 1996 11:45 | 4 |
| Thanks Mr Creosote. I'm sure there is a way of changing
this "Teamlinks" interface - but I can't work it out!
Rupert
|
594.87 | | CBHVAX::CBH | Mr. Creosote | Mon May 20 1996 15:45 | 6 |
| >Thanks Mr Creosote. I'm sure there is a way of changing
>this "Teamlinks" interface - but I can't work it out!
simple - use a VT340 emulator, and DCL's NOTES command. :)
Chris.
|
594.88 | We are not amused | WOTVAX::16.194.208.3::sharkeya | WinPass - 3,800 customers and rising | Mon May 20 1996 20:44 | 13 |
| I have a 2.2 Diesel and have been keeping figures since I got it. It
actually costs me 6.02p per mile to run from diesel alone and thats
fillling up at the cheapest tescos around (52.9). I get around 40mpg.
If I had to rely on motorway services, or cars which drank petrol at
'normal rates', I'd not be too happy.
Alan
PS - Teamlinks - set the windows size and then go to the 'customize'#
menu item and down to 'save window placement'.
|
594.89 | | CHEFS::16.42.144.104::marchr | Mega Hero | Tue May 21 1996 11:10 | 5 |
| Alan,
Thanks for the tip on Teamlinks.
Rupert
|
594.90 | Mileage rate now 8.3p per mile | CHEFS::FIDDLER_M | The sense of being dulls my mind | Wed Jun 19 1996 09:43 | 6 |
| So how will this new mileage rate of 8.3p per mile work out - will
final claims be rounded up/down?
Intrigued
mikef
|
594.91 | | WOTVAX::DODD | | Wed Jun 19 1996 10:01 | 3 |
| Just the same as fractions of miles.
Andrew
|
594.92 | | CHEFS::FIDDLER_M | The sense of being dulls my mind | Wed Jun 19 1996 10:04 | 3 |
| Can't say I've ever claimed a fraction of a mile...
mikef
|
594.93 | Mileage Rate (8.3p/mile from June 96) | COMICS::SHELLEY | Don't get mad, get even. | Tue Jul 09 1996 08:49 | 47 |
| To: All employees
From: Alan Evans - HR Manager, UK & Ireland
Subject: Mileage rates
_____________________________________________________________
In recent weeks the Territory Management Team has reviewed
the rates at which we reimburse employees for mileage
travelled on company business.
As a result of the review we have decided that:
- in future our reimbursement rate will be calculated to
the nearest tenth of a penny, rather than the nearest
whole penny;
- instead of using the cost of petrol at a nominated garage
as the guide price in our calculation, we will use reference
figures supplied by the Institute of Petroleum;
- we will review the cost of petrol on a quarterly basis,
rather than every six months;
- we will continue to base our calculations on unleaded
petrol and average fuel consumption of 30 mpg;
- we will reimburse through expenses the cost of oil
required for lease cars between services, provided that
the claim is supported by a receipt and a hard copy of a
mail notifying Lease Plan that additional oil has been
required.
The first review of the mileage reimbursement rate using
these new factors will take place at the end of this week,
when we receive the latest figures from the Institute of
Petroleum. We will announce the result of the calculations
during the week beginning 16th June. Any change to the
mileage rate will apply to any business miles travelled on or
after that date, up to the date of the next quarterly review.
We believe these measures will allow us to reflect the actual
cost of fuel more accurately and fairly in the reimbursement
rate.
Regards,
Alan
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