Government Mileage Rate 2024 Uk 2024. This offer would achieve a bottom rate of pay of £12.26 with effect from 1 april 2024 (which equates to a pay increase of 5.77 per cent for employees on pay point 2). In the 2024/24 tax year, mileage rates are currently set at 45p per mile for the first 10,000 miles for cars and vans.
Advisory fuel rates from 1 march 2024. 45p for cars and vans for the first 10,000 miles.
For First 10,000 Business Miles In The Tax Year:
45p for the first 10,000 miles for business purposes.
45P For Cars And Vans For The First 10,000 Miles.
Use these rates and thresholds when you operate your payroll or provide.
Hm Revenue And Customs (Hmrc) Has Released The Advisory Fuel Rates To Be Used From 1.
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For The First 10,000 Miles In A Tax Year, The Rate Is 45 Pence Per Mile.
But, as this guide will show, there’s a bit more to it.
What Are Mileage Rates For Car Allowances?
Once you exceed this threshold, the rate drops to 25 pence for each additional.
Use These Rates And Thresholds When You Operate Your Payroll Or Provide.