Standard Mileage Rate 2024 Uk. The total they can claim for is: Financial and professional lines rates declined 9%.
The mileage rate then reduces to 25p for each mile after that in the same tax year. The rate per mile for 100% electric cars is reduced 10p to 9p.
£4,500 + £1,250 = £5,750.
The rate per mile for 100% electric cars is reduced 10p to 9p.
25P Per Mile After That For Cars And Vans.
For each business mile over 10,000 in the tax year:
Standard Mileage Rate 2024 Uk Images References :
For Each Business Mile Over 10,000 In The Tax Year:
We’d like to set additional cookies to understand how you use gov.uk, remember your settings and improve government services.
Therefore, The Business Mileage Rate For 2022/23, 2023/24 And 2024/25 Is 45P For The First 10,000 Miles And 25P Thereafter.
5,000 miles * 25 pence/mile = £1,250.