Business Mileage Rate 2024 Uk. Hmrc mileage rates 2024 will entitle your staff to claim hmrc mileage allowance when driving personal vehicles for business purposes. This rate is particularly beneficial for small businesses and sole traders, as it offers an easier method to account for vehicle costs and reduce taxable income.
The rates determine the amount that can be paid to an employee using a company car for business mileage, without income tax consequences. What is the 2024 hmrc mileage allowance rate?