HMRC have updated their guidance Rates and allowances: travel — mileage and fuel allowances.
“Rates and allowances for travel including mileage and fuel allowances.”
The approved mileage rates for the tax year 2026 to 2027 have been added.
Note that the approved mileage rate for cars and vans for the first 10,000 business miles in the tax year has increased from 45p to 55p.
https://www.gov.uk/government/publications/rates-and-allowances-travel-mileage-and-fuel-allowances
Related content from Claritax Books
Income Tax is a substantial single-volume guide, now in digital format, to all the income tax issues commonly faced by most accountants and tax practitioners.
