Tag: Mileage Allowance Payments

Company Car Mileage Rates
Articles

Company Car Mileage Rates

HMRC publish rates that can be used by employers wishing to pay their employees the cost of fuel for business journeys in company cars (or, where the employer initially pays for all fuel, for reimbursement of private mileage by company car drivers to their employers).

Mileage Allowance
HMRC

Mileage Allowance Payments | What is NIC Free

The terminology for National Insurance purposes is different too – rather than the ‘approved amount’ the relevant amount is the ‘qualifying amount’ (QA). As long as the mileage payments paid in the earnings period are not more than the qualifying amount, they are NIC-free.