Carrington Accountancy

tel: 020 7324 6020

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We can help
reduce tax liabilities and plan for a
tax efficient future

Limited Company tax calculator

calculate how much we can save you with our calculator click here

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Travel – Rates and Allowances

This table is relating to approved mileage rates

From 2002/3 First 10,000 business miles
in the tax year
Each business mile over 10,000
in the tax year
Cars & Vans

40p

25p

Motor Cycles

24p

24p

Bicycles

20p

20p

5p per passenger per business mile for carrying business employees in a car or van on journeys which also work journeys for them. Only payments specifically for carrying passengers count and there is no relief if you receive less, or nothing at all.

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