Our website uses cookies to enhance the visitor experience (what's a cookie
Cookies are small text files that are stored on your computer when you visit a website. They are mainly used as a way of improving the website functionalities or to provide more advanced statistical data.). Are you happy for us to use cookies during your visits?
Please note: continuing without making a choice equates to giving us your consent, which you can withdraw at any time via our cookies policy page.
t: 01924 420844 e: enquiries@howardllp.co.uk
| First 10,000 business miles in the tax year | Each mile over 10,000 miles in the tax year | Extra passenger making same trip | |
|---|---|---|---|
| Cars and vans | 45p | 25p | 5p |
| Motorcycles | 24p | 24p | - |
| Bicycles | 20p | 20p | - |
These rates represent the maximum tax-free mileage allowances for employees using their own vehicles for business. Any excess is taxable. If the employee receives less than the statutory rate, tax relief can be claimed on the difference.
