With effect from July 1 2014, there will be a change to the rates paid for business mileage. The rate will change from 0.67p to 0.54p per mile.
The new rates will apply to all business journeys made on and after July 1 2014.
The rates of reimbursement are reviewed at a national level every April/May and November/December using information published in the AA motoring cost guides, to ensure rates move up and down, in line with business motoring costs.
A document has been published which explains how the mileage allowance is calculated – a link to the NHS Employers website is provided here:
Mileage-allowance-poster
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Changes to mileage rates from July 1 2014
With effect from July 1 2014, there will be a change to the rates paid for business mileage. The rate will change from 0.67p to 0.54p per mile.
The new rates will apply to all business journeys made on and after July 1 2014.
The rates of reimbursement are reviewed at a national level every April/May and November/December using information published in the AA motoring cost guides, to ensure rates move up and down, in line with business motoring costs.
A document has been published which explains how the mileage allowance is calculated – a link to the NHS Employers website is provided here:
Mileage-allowance-poster