CRM Accountants in Oxford

Cars	up to 10,000 miles - 40p
	over 10,000 miles - 25p
Bicycles:	20p
Motorcycles:	24p

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.

Fuel Only Rates

Engine size	Petrol	Diesel	LPG
1400cc or less	11p	11p	7p
1401 to 2000cc	14p	11p	8p
Over 2000cc	20p	14p	12p

These rates are effective for business journeys from 1st July 2009. These are the rates to be used where a company car is used, but fuel is paid for by the employee. 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 generally updated in 1st January and 1st July each year. Please see the news section of our website for updated rates.

To find out how Chapman Robinson & Moore can help your business either call 01865 379272, or click here to arrange a free Confidential Business Analysis.

Authorised Mileage Rates