For the first time in 15 years, the approved mileage rate has increased from 45p to 55p per mile for the first 10,000 business miles travelled each tax year.
If you use your own car for business journeys, or reimburse employees for business mileage, it’s worth taking note. The change has been backdated to 6th April 2026 too.
Just remember, this applies to qualifying business travel – not ordinary commuting to and from a permanent place of work.
Not sure how it affects you or your business? Get in touch with the team – we’re always happy to help.
