21/05/2026
The Chancellor announced today that the business mileage allowance for the first 10,000 miles will rise from 45p to 55p per mile (backdated to April 2026).
If you use your own car for business travel, your company could reimburse you:
✅ 55p per mile tax-free
✅ Corporation tax deductible for the business
✅ More efficient than covering personal fuel costs yourself
10,000 business miles = £5,500 reclaimed from your company 👏💷🤓
If you want more updates on how to remain tax efficient in 2026/27 and beyond, contact our team of tax experts today:
📧 [email protected]
📞 01603 334100
📲 07305 408599
👨🏼💻 www.taxsure.co.uk