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mileage allowance relief

Tax Implications Where Employers Pay Above HMRC's Approved Mileage Rates

Tax Implications Where Employers Pay Above HMRC’s Approved Mileage Rates

According to the RAC, average fuel prices peaked a year ago at £1.91 per litre, since levelling off at the same price as ten years ago. However, HMRC’s approved mileage rates have remained static, not increasing since April 2011, when petrol was around £1.42 per litre. In the ten years since the last increase, fuel […]

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