Hmrc Mileage Rates 2024

Hmrc Mileage Rates 2024. As the above table illustrates, for the first 10,000 miles per tax year, cars and vans are eligible for 45p per mile. The official hmrc business mileage rates for the tax year 2024/2025 are now confirmed, at 45p per mile for cars and vans for the first 10,000 business miles and 25p for each mile.

25p for each business mile after the threshold of 10,000 miles. Understanding the hmrc mileage rates in 2024 is crucial for both employees and their employers.