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Krogh & Partners Limited
 
Your auditor, accountant and advisor in the United Kingdom
Tax free mileage allowances








2010/11
& 2009/10
unchanged


Higher Rate
Lower Rate
All cars       

40p
25p
Motorcycles       

24p
24p
Bicycles       

20p
20p
Business passengers       

5p
5p




Higher Rate allowed up to 10,000 business miles.




Fuel-only allowances for company cars 


From 1.6.2010 (From 1.12.2009)
Petrol
Diesel
LPG
Up to 1400cc           
12p (11p)
11p (11p)
8p (7p)
1401 - 2000cc           
15p (14p)
11p (11p)
10p (8p)
Over 2000cc           
21p (20p)
16p (14p)
14p (12p)




These figures may change more often than once a year.

Tax rates

2010 Summer Budget tax rates

Main income Tax reliefs
Income Tax rates and bands
Car benefit assessment
Tax free mileage allowances
National Insurance contributions
Pension contributions
Inheritance Tax
Important Annual Limits
Value Added Tax
Capital Gains Tax
Corporation Tax
Main capital allowances
Stamp duty & stamp duty land Tax
Earliest due dates for payment of Tax