Question:
I currently get 25p per mile from work for the miles I do for work? is this a good rate or am I being ripped off?
Answers:
If you are only being paid 25p per mile, you can claim tax relief for the additional 15p per mile from HMRC at the end of each tax year. You need to keep copies of all your mileage claims made to your employer and submit these with a covering letter to your tax office.
I am not sure what the minimum is for you. Here in the USA it is 47 cents/mile I believe. Try googling it. :)
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You should get upto 40p per mile for first 10000 miles ythen 25p after that to end of financial year This is not taxable You could be paid more but above 40p per mile is taxable
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