Noel Conn Accountants

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Mileage Allowance Payments

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2010/11 and 2009/10
Cars and vans Rate per mile
Up to 10,000 miles 40p
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 | THE BUDGET 2010
 

 
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