Latest Revenue Approved Mileage Allowance Payments
Tuesday, 1. July 2008
The Government has announced that it will not be adjusting the Approved Mileage Allowance Payments (AMAP) which are paid to 4 million employees who drive their own cars for work even though we have seen some swingeing increases in fuel costs since the rates were introduced at the current level 6 years ago. After a 12 month review HM Revenue and Customs announced that the rates would remain the same at 40p per mile for the first 10,000 miles and 25p per mile thereafter, tax and NI free. I actually agree that had they increased the rates it would have encouraged more drivers to use older more polluting cars for work and increase their miles to benefit from the allowances whilst causing more harm to the planet.