Tax & 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 2021.

Car – fuel only advisory rates

Engine capacity

Petrol

Diesel

LPG

1400cc or less 10p 9p 7p
1401cc to 1600cc 12p 9p 8p
1601cc to 2000cc 12p 11p 8p
Over 2000cc 18p 12p 12p

 

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

2021/22

Cars registered pre 6.4.20

Cars registered after 5.4.20

CO2 emissions

(g/km)

% of list price taxed % of list price taxed
0 1 1
1-50

Electric range

130 or more 2 1
70-129 5 4
40-69 8 7
30-39 12 11
Under 30 14 13
51-54 15 14
For every extra 5 +1 +1
160 and above 37 n/a
165 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 CO
figure does not end in a 5 or a 0 round down to the nearest 5 or 0.

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 2021.

Car – fuel only advisory rates

Engine capacity

Petrol

Diesel

LPG

1400cc or less 10p 9p 7p
1401cc to 1600cc 12p 9p 8p
1601cc to 2000cc 12p 11p 8p
Over 2000cc 18p 12p 12p

 

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

2021/22

Cars registered pre 6.4.20

Cars registered after 5.4.20

CO2 emissions

(g/km)

% of list price taxed % of list price taxed
0 1 1
1-50

Electric range

130 or more 2 1
70-129 5 4
40-69 8 7
30-39 12 11
Under 30 14 13
51-54 15 14
For every extra 5 +1 +1
160 and above 37 n/a
165 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 CO
figure does not end in a 5 or a 0 round down to the nearest 5 or 0.

Tax & Travel

Our Offices

King's Lynn Office

22-26 King Street, King’s Lynn,
Norfolk, PE30 1HJ

T:   01553 774104

F:   01553 692602

E:   enquiries@stephenson-smart.com

Great Yarmouth Office

East Coast House, Galahad Road, Beacon Park,
Gorleston, Great Yarmouth, Norfolk, NR31 7RU

T:   01493 382500

F:   01493 651172

E:   greatyarmouth@stephenson-smart.com

Fakenham Office

10 Oak Street, Fakenham,
Norfolk, NR21 9DY

T:   01328 863318

F:   01328 855732

E:   fakenham@stephenson-smart.com

Wisbech Office

2 The Crescent, Wisbech,
Cambridgeshire, PE13 1EH

T:   01945 463383

F:   01945 475968

E:   wisbech@stephenson-smart.com

March Office

23 Dartford Road, March,
Cambridgeshire, PE15 8AN

T:   01354 653026

F:   01354 650337

E:   march@stephenson-smart.com

Downham Market Office

1st Floor, 9 Market Place,
Downham Market, Norfolk, PE38 9DG

T:   01366 384121

F:   01366 381309

E:   downhammarket@stephenson-smart.com

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