VAT reclaimable on mileage

  • 0

VAT reclaimable on mileage

HMRC have revised the rates to be used for reclaiming the appropriate fraction of 1/6 of input VAT on mileage claims with effect from 1st December 2021 as follows:

Engine sizePetrol – rate per mileLPG – rate per mile
1400cc or less13 pence9 pence
1401cc to 2000cc15 pence10 pence
Over 2000cc22 pence15 pence
Engine sizeDiesel – rate per mile
1600cc or less11 pence
1601cc to 2000cc13 pence
Over 2000cc16 pence

It is interesting that the rate changes for VAT purposes but not the overall mileage rate of 45p a mile which has been the same where the petrol cost £50 per litre or £1 per litre!

Contactez nous

The Martlet Partnership LLP
Martlet House
E1 Yeoman Gate
Yeoman Way
West Sussex
BN13 3QZ

Tel.: +44 (0) 1903 600555
Fax.: +44 (0) 1903 600828