Approved mileage rates from tax year 2026 to 2027
| Vehicle type | First 10,000 business miles in the tax year | Each business mile over 10,000 in the tax year |
|---|---|---|
| Cars and vans | 55p | 25p |
| Motor cycles | 24p | 24p |
| Bicycles | 20p | 20p |
Approved mileage rates from tax year 2011 to 2026
| Vehicle type | First 10,000 business miles in the tax year | Each business mile over 10,000 in the tax year |
|---|---|---|
| Cars and vans | 45p | 25p |
| Motor cycles | 24p | 24p |
| Bicycles | 20p | 20p |
Passenger payments — cars and vans
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.
Company cars
The charge is based on the price of the car for tax purposes (normally the list price) and accessories multiplied by an appropriate percentage based on the level of CO2 emissions and the fuel the car uses. There is a ready-reckoner of appropriate percentages for petrol-powered cars.
Company vans
The charges are:
| Tax year | Amount |
|---|---|
| 2026 to 2027 | £4,170 |
| 2025 to 2026 | £4,020 |
| 2024 to 2025 | £3,960 |
| 2023 to 2024 | £3,960 |
| 2022 to 2023 | £3,600 |
| 2021 to 2022 | £3,500 |
| 2020 to 2021 | £3,490 |
| 2019 to 2020 | £3,430 |
| 2018 to 2019 | £3,350 |
| 2017 to 2018 | £3,230 |
| 2016 to 2017 | £3,170 |
| 2015 to 2016 | £3,150 |
Fuel charges — company cars and vans
Cars — to calculate the benefit charge on free or subsidised fuel for private use, the appropriate percentage used in calculating car benefit is applied to a set figure known as the car fuel benefit multiplier.
Car fuel benefit multiplier
| Tax year | Amount |
|---|---|
| 2026 to 2027 | £29,200 |
| 2025 to 2026 | £28,200 |
| 2024 to 2025 | £27,800 |
| 2023 to 2024 | £27,800 |
| 2022 to 2023 | £25,300 |
| 2021 to 2022 | £24,600 |
| 2020 to 2021 | £24,500 |
| 2019 to 2020 | £24,100 |
| 2018 to 2019 | £23,400 |
| 2017 to 2018 | £22,600 |
| 2016 to 2017 | £22,200 |
| 2015 to 2016 | £22,100 |
The van fuel rates are:
| Tax year | Amount |
|---|---|
| 2026 to 2027 | £798 |
| 2025 to 2026 | £769 |
| 2024 to 2025 | £757 |
| 2023 to 2024 | £757 |
| 2022 to 2023 | £688 |
| 2021 to 2022 | £669 |
| 2020 to 2021 | £666 |
| 2019 to 2020 | £655 |
| 2018 to 2019 | £633 |
| 2017 to 2018 | £610 |
| 2016 to 2017 | £598 |
| 2015 to 2016 | £594 |
Debonair Management Services Limited 