Mileage Allowance Payments
| Cars and vans |
2013/14 and 2012/13
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.
Disclaimer
Rates are for guidance only. No responsibility for loss occasioned by any person acting/refraining from action as a result of this information can be accepted by the authors or firm.
Company Information - Walker Thompson is a trading name of Walker Thompson Ltd registered in England and Wales. Company registration number 06574838
Registered Office - Empress House :: 43a Binley Road :: Coventry CV3 1HU :: T 024 7663 5522 :: F 024 7663 5518 :: E
clientcare@walkerthompson.co.uk