A business owner wants to know what the correct pence per mile they should be paying their employees for using private cars on business use. Editor Ralph Morton provides the
The name for the payment rate – which is tax-free by the way – is called the Approved Mileage Allowance Payment (which you might see shortened to AMAP). It is
The latest petrol and diesel prices are taken from the Department for Business, Energy and Industrial Strategy and the LPG (UK average) is from the Automobile Association website. You will
Approved Mileage Allowance Payments – or AMAPs – are the correct tax-free business mileage rates to be used for reimbursing business mileage undertaken in a private car
WOULD you claim 3p for a 100m car journey? We suspect not; and more to the point, we expect your business car manager or company director would throw out such
AN astonishing 25% of larger companies don’t know how much they pay their staff for driving their own private cars on company business. The frank confession highlights a worrying lack
Business Motoring is the motoring resource for small businesses and SME small fleets running company cars and business cars. We can help with questions about car leasing, company car tax, business mileage, writing down and leasing allowances, and all the other detail you need to know about running a car on the business. As well as this, we have the latest car news, company car taxation news and car reviews to help you make the right choice for your next company car, along with special car leasing offers to help you get the right business car leasing deal.
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