45p per mile

Budget – Mileage allowance payments

By Payroll-help

For employees required to use their own car or van for work, the approved mileage rate for cars and vans will increase, from April 2011, to 45p per mile (up from 40p) for the first 10,000 miles in a tax year, and 25p per mile thereafter.  For NICs purposes, the new limit is 45p per [...]

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Payroll Update 2013