Business Mileage Rate 2024 Uk. May 29, 2024 | discover how to claim business mileage allowance from hmrc as a self employed. This letter confirms the business rates multipliers for 2024/2025 and clarifies billing arrangements for the small business multiplier threshold, transitional relief inflation.
From 1 june 2024, the advisory electric rate for fully electric cars will be 8 pence per mile. The hmrc mileage allowance is a rate set by hmrc that allows businesses in the uk to reimburse employees for the use of their personal vehicles for business.