29/06/2026
Did you know HMRC has increased business mileage! it’s good news for anyone claiming back their travel this tax year
From 6 April 2026, HMRC has increased the mileage rate for cars and vans from 45p to 55p per mile for the first 10,000 miles. That’s a solid boost for sole traders, limited companies, and anyone logging business journeys
🚗 What this means for you
• You can now claim 55p per mile on business travel (first 10,000 miles)
• Anything over 10,000 miles stays at 25p per mile
• If you were paid at the old 45p rate earlier in the year, your employer can top up the extra 10p per mile tax‑free
• Sole traders: this uplift increases your allowable expenses, reducing taxable profit
📘 Tally T’s Bookkeeping Tip
Keep your mileage log tidy with dates, destinations, purpose, and miles. A clean record means a clean claim
If you want help setting up a simple mileage tracker or understanding how this affects your tax return, just shout 07854553349