07/07/2026
🚨 Your business is leaking cash through a hidden tax blind spot.
The Chancellor recently increased the approved mileage rate from 45p to 55p. This change is backdated to 6 April 2026 and means you could be claiming an additional £1,000 in deductible expenses.
If your cloud accounting software still uses the old rate, you are actively overpaying tax.
Updating your systems now ensures you’re reimbursing your team members with maximum tax-free efficiency, keeps your profit forecasting perfectly accurate, and ultimately reduces your tax liability.
How are you tracking these backdated adjustments to protect your cash flow?
