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Page 7 of 31
Budget 2007
Tax Free Approved Mileage Rates
Statutory maximum amounts payable to employees for using their own transport for business purposes.
| |
Per mile |
| Cars and vans (regardless of cylinder capacity) |
|
| 1-10,000 miles in tax year |
40p |
| Excess over 10,000 miles |
25p |
| Motorcycles |
24p |
| Cycles |
20p |
| Passengers1 |
5p |
|
1 Paid to driver for each fellow employee passenger carried on same business trip to encourage car sharing.
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