Cars | 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.
Fuel only rates - From September 2018
Engine size | Petrol | Diesel | LPG |
1400cc or less | 12p | 10p | 7p |
1401 to 2000cc | 15p | 12p | 9p |
Over 2000cc | 22p | 13p | 13p |
These are the rates to be used where a company car is used, but fuel is paid for by the employee. HMRC will also accept the figures in the table for VAT purposes though employers will need to retain receipts in line with current legislation.
For further information on Mileage Rates please Contact Us.