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Wells Associates, accountants and business advisers

Mileage Allowances   

Mileage Allowances


For Employees Using Their Own Transport
The approved maximum tax and national insurance free mileage allowances for employees using their own transport for business are as follows:
Flat Rate First 10,000 Miles Miles over 10,000
Car/Van 40p 25p
Motorcycle 24p 24p
Bicycle 20p 20p
Income Tax and NICs are due when allowances exceed these rates. Employees can claim tax relief on any shortfall.
Rates of up to 5p per mile, per passenger, are also tax and NIC free when paid for the carriage of fellow employees on the same business trip.


Fuel-Only Mileage Rates
HMRC advisory mileage rates as at January 2008 for employee private mileage reimbursement or employer reimbursement of business mileage are:
  Petrol Diesel LPG
Up to 1400cc 11p 11p 7p
1401cc - 2000cc 13p 11p 8p
Over 2000cc 19p 14p 11p

2008-2009 Tax Rates and Allowances menu:
Introduction | Income Tax | Capital Gains Tax | Corporation Tax | Main Capital Allowances | Value Added Tax
Inheritance Tax | Vehicle Benefits | Mileage Allowances | NI Contributions | Key Dates & Deadlines | Pension Premiums
Charitable Giving | Savings & Investment | Some Useful Rates | Stamp Taxes
10 Lonsdale Gardens | Tunbridge Wells | Kent TN1 1NU 01892 507 280 | info@wellsassociates.com Site map | Legal | Printer Friendly
Wells Associates is the trading name of Wells Professional Partnership LLP which is registered to carry on audit work and regulated for a range of investment business activities by the Institute of Chartered Accountants in England & Wales.
Registered Office: 10 Lonsdale Gardens Tunbridge Wells Kent TN1 1NU
Registered No: OC307133 England and Wales 		© 2006 - 2008 Wells Associates and MSO.net