Rowley's Chartered Accountants Leicester
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Jan 14, 2010
VAT on mileage claims
To reflect the change in the VAT rate from 1 January 2010 the new rates applicable to the advisory rates* are applied per mile as follows:
|
Engine size |
Petrol |
Diesel |
LPG |
|
1400cc or less |
£0.0164 |
£0.0164 |
£0.0104 |
|
1401cc to 2000cc |
£0.0209 |
£0.0164 |
£0.0119 |
|
Over 2000cc |
£0.0298 |
£0.0209 |
£0.0179 |
*the advisory rates are not binding where an employer can demonstrate that the cost of business travel in employer provided cars is higher than the guideline mileage rates. The higher cost would need to be agreed with HMRC under a dispensation.
If you have any questions, please contact us.
Further information: Historical Rates