HMRC Approved Mileage Rates – All Change

HMRC Approved Mileage Rates – All Change

The HMRC approved mileage rates for June have been published.  The falling price of oil has had a significant impact with all rates changing except for those relating to electric vehicles.

As dealerships begin to open more fully during June, you may see more car and fuel use by your employees, so you should ensure that your expense and reimbursement processes take account of the new rates.

Full details of the new rates can be obtained from the HMRC website here:  https://www.gov.uk/government/publications/advisory-fuel-rates/advisory-fuel-rates-from-1-march-2016

If you need any further details please contact me at michelle.malone@ase-global.com.

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