What Is The Current Mileage Rate For 2024

What Is The Current Mileage Rate For 2024. 5p per passenger per business mile for carrying fellow employees in a car or van on journeys which are also work journeys for them. Only payments specifically for carrying passengers count and there is no relief if you receive less than 5p or nothing at all.


What Is The Current Mileage Rate For 2024

The 2024 irs standard mileage rates are 67 cents per mile for every business mile driven, 14 cents per mile for charity and 21 cents per mile for moving or medical. The official hmrc business mileage rates for the tax year 2024/2025 are now confirmed, at 45p per mile for cars and vans.

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