Several countries charge a per-mile or per-kilometer fee, particularly for heavy vehicles, including Germany, Austria, Switzerland, New Zealand, and the Czech Republic. The UK is also planning to introduce a mileage-based tax for electric and plug-in hybrid vehicles starting in April 2028. Many countries, however, measure mileage-based fees in kilometers rather than miles.

This could turn out a money spinner in the future for the UK Gov. They have nibbled around the edges with congestion charge but the gold mine will come from pay per mile. I think there is nearly 43 million vehicles in the UK and if they can get even half of them on the pay per mile then they will milk it for all its worth. If you look back at fuel duty, it is now nearly 70% of the cost per litre. Diesel and petrol is cheap as chips if we remove the duty and vat then a litre of petrol would be around 75p.

Anybody use their gutter vac with the filter removed?

I have never broken down the form of payments I receive, always just given hmrc a single total figure for my annual income. Don't see anything about that changing, except with MTD I would need to supply this quarterly.

Quote from: Mattymarske on April 24, 2025, 10:59:44 pm

Quote from: The Jester of Wibbly on April 24, 2025, 06:16:59 pm

Quote from: zesty on April 24, 2025, 04:53:54 pm

Quote from: Ched on April 24, 2025, 04:24:18 pm

Quote from: Soupy on April 24, 2025, 01:15:38 pm

My accountant reckons it's a prelude to quarterly tax payments, a few years down the line.

That'll be fun.

MTD is being phased in depending on your turnover.
from April 2026, for those with qualifying income over £50,000
from April 2027, for those with qualifying income over £30,000
I too would bet that quarterly tax payments are on the way just like the way VAT payments work.

50,000 profit or turnover?

It's Turnover. gross profit..

For me when ready I will be using 123 sheets.  Simple bridging spreadsheet costing £20 for the year.

Will 123 sheets work with George do you think?

You cant use George to send the data to HMRC, that's why bridging software is needed like 123 sheets to do that job. 

George like any other software is classed digital.  It's just good bye to old fashioned paper and pen and paper storage. 

Read the FAQ on 123 sheets page, they are really good.

If using George you will still need to make sure all expenses are kept separately and digitally stored instead of filed paper.  I never use George for accounting anyway.  I use a spreadsheet, I created, set up like a p&l recording all expenses.  I then enter a total income onto my sheet each month from George. 

I will just modify my spreadsheet so it also pulls calculated quarterly totals aswell.  Then transfer those figures to 123 sheets .  It's really simple.

So on your spreadsheet,do you have to breakdown income received into bacs / cash seperately or can you just record one figure each week which covers all payments received?

Apologies to deviate slightly but does anyone employ via the government apprenticeship scheme?

Good Question, there was the DWP New Deal scheme around 15 years ago, not sure if there is anything around now?
Maybe start another thread on it?