2024 Mileage Rate Per Mile Uk

2024 Mileage Rate Per Mile Uk. Over the course of the 2024/25 tax year, a freelance courier has driven 16,000 business miles. Use hmrc’s maps working sheet if you need.

As the above table illustrates, for the first 10,000 miles per tax year, cars and vans are eligible for 45p per mile. To calculate the ‘approved amount’, multiply your employee’s business travel miles for the year by the rate per mile for their vehicle.