Mileage Allowance Payments

Posted on November 17, 2011 by admin

 

Cars and vans

2011/12
Rate per mile

Up to 10,000 miles

45p

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
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