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Employee Vehicles: Mileage Rates for Business Travel for 2014/15 from 6th April 2014

The rates per business miles stay the same as last year;

Car: 45p for the first 10.000 business miles in a tax year, then 25p for each subsequent mile, for Tax purposes.  45p for all business miles for NIC’s.

Motorcycle: 24p for all business miles, for both Tax and NIC’s

Cycle: 20p for all business miles, for both Tax and NIC’s

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