Mileage Allowance Payment
Rate per mile 2020-21 | |
Cars & vans – up to 10,000 miles – over 10,000 miles | 45p 25p |
Motorcycles | 24p |
Bicycles | 20p |
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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