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mileage rate
Advisory mileage rates for company cars
HMRC routinely reviews the published advisory fuel rates every three months and the current rates, effective from 1 September 2011, are added to the Table below. With the exception of one of the LPG rates, there are no changes to rates that applied from June 2011. Employers may choose to: implement the new rates immediately [...]
Budget – Mileage allowance payments
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 [...]
