How do i Claim My Mileage Back from HMRC? A Guide to Reclaim Cost
Small business owners using a personal vehicle for work can reclaim travel costs from HMRC using Approved Mileage Allowance Payments. For the 2026/27 tax year, the flat rate is 55p per mile for the first 10,000 business miles and 25p per mile thereafter, reducing your taxable profits without tracking itemized fuel receipts. Key Takeaway HMRC’s…