What Is The Mileage Allowance For 2024. 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. This mileage allowance is exempt from social security contributions and taxes if the maximum amount per kilometre is not exceeded.
The attached document is classified by hmrc as guidance and contains information about rates and allowances for travel, including mileage and fuel allowances. 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.
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