MartavTaurus
twaddle
MartavTaurus
It won't help the van driver who hackled if he's self employed though, will it?
So it won't help everyone.
Also I can't see anyone being "better off" because the actual cost of driving the vehicle has gone up drastically.
Yes, it will because he can set against tax. Not only that, but fuel tax is being frozen.
Every little helps!
But the 55p is completely irrelevant for the self employed man who has always been able to claim all the vehicle costs against his business.
The 55p is specifically in respect of employees claiming from their employer.
The fuel tax may have been frozen, but at £1.65 per litre, that's an increase of 25p a litre in only 6 months, if my Maths is right.
Big deal! We're still significantly worse off, but perhaps not as worse off as we might have been, thanks to Rachel's gesture politics!
No, it isn't. I assume you include self-employed women, of whom I was one for a couple of years. No, you couldn't claim all vehicle costs against the business. As a self-employed person, I could claim 45p per mile for business usage. If I were still self-employed, I could now claim 55p. No, the 55p isn't specifically in respect of employees claiming from their employer; it's also for self-employed.
www.moneysavingexpert.com/news/2026/05/mileage-allowance-increase-chancellor-martin-lewis/
For people such as care-workers, who make up a significant percentage of low paid workers, this could make a big difference, especially as fuel tax will be frozen. If the low paid workers have children, the announcements about cheaper family days out and children's restaurant meals will also make a difference. Maybe you're not somebody for whom a £5 saving here and there makes a difference, but there are plenty of people for whom it does.
PS. It's weird that people made such a fuss when winter fuel allowance was scrapped for anybody not on Pension Credit, but when the Chancellor tries to give a small amount of money to a different group of people, all the moaners come out of the woodwork. Anybody would think people are out to get her!