Mileage 2024 Business

Mileage 2024 Business. What the 2024 hmrc mileage rates and what journeys can employees claim? If you are a sole trader or qualifying close company and use the kilometre rate method to claim business vehicle costs, this new rate applies for the 2024 year, that is, 1 april.

The attached document is classified by hmrc as guidance and contains information about rates and allowances for travel, including mileage and fuel allowances. 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.