Tax and Travel

Mileage rates

Changes to the HMRC business mileage rates are announced from time to time. The fuel only advisory rates below relate to company cars only and apply from 1 March 2020.  

Engine Capacity Petrol Diesel LPG
1400cc or less 12p 9p 8p
1401 - 1600cc 14p 9p 10p
1601 - 2000cc 14p 11p 10p
Over 2000cc 20p 13p 14p

For those using their own vehicle the following mileage allowance payments apply.

Vehicle First 10,000 miles Thereafter
Car / Van 45p 25p
Motorcycle 24p 24p
Bicycle 20p 20p

Car benefits 2020/21

CO2 emissions (g/km) Cars registered pre 6.4.20 Cars registered after 5.4.20
% of list price taxed % of list price taxed
0 0 0
1 - 50 electric range    
>130 2 0
70-129 5 3
40-69 8 6
30-39 12 10
<30 14 12
51-54 15 13
For every extra 5 +1 +1
160 and above 37 n/a
170 and above n/a 37

For fully diesel cars generally add a 4% supplement (unless the car is registered on or after 1 September 2017 and meets the Euro 6d emissions standard) but the maximum is still 37%. For emissions over 75g/km if the CO2 figure does not end in a 5 or a 0 round down to the nearest 5 or 0.

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Madisons is a trading name of Madison Business Services Limited Registered office: Bushbury House, 435 Wilmslow Road, Withington, Manchester, M20 4AF. Company Number: 03800186, VAT Registration Number: 741 1182 67 Registered to carry on audit work in the UK and Ireland and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales. Details about our Audit Registration can be viewed at www.auditregister.org.uk and www.cro.ie/auditors for Ireland under reference number C009016107.
Telephone: 0161 434 3535 | Fax: 0161 445 0430 | Email: enquiries@madisons.co.uk.

Address
Madisons, Bushbury House, 435 Wilmslow Road, Withington, Manchester, Lancashire M20 4AF