Authorised Mileage Rates
|Cars||up to 10,000 miles - 45p
over 10,000 miles - 25p
These rates represent the maximum tax-free mileage allowances for employees using their own vehicles for business. The 10,000 mile limit relates to a given tax year (i.e. 6th April to 5th April). Any excess is taxable. If the employee receives less than the statutory rate, tax relief can be claimed on the difference.
Fuel Only Rates
|Engine size||Petrol||LPG||Engine Size||Diesel|
|1400cc or less||11p||7p||1600cc or less||9p|
|1401 to 2000cc||13p||8p||1601-2000cc||11p|
|Over 2000cc||21p||13p||Over 2000 cc||12p|
These rates are effective for business journeys from 1st September 2017. These are the rates to be used where a company car is used, but fuel is paid for by the employee. HM Revenue & Customs will also accept the figures in the table for VAT purposes though employers will need to retain receipts in line with current legislation, as explained in an article in our news section. These rates are reviewed quarterly with changes effective from 1st March, 1st June, 1st September and 1st December, with a one month grace period each time the rates change, during which time either the new or the old rates may be used. Please see the news section of our website for updated rates and also for historic rates.
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