Vehicle type	First 10,000 business miles in the tax year	Each business mile over 10,000 in the tax year
Cars and vans	55p	25p
Motor cycles	24p	24p
Bicycles	20p	20p

Approved mileage rates from tax year 2011 to 2026

Vehicle type	First 10,000 business miles in the tax year	Each business mile over 10,000 in the tax year
Cars and vans	45p	25p
Motor cycles	24p	24p
Bicycles	20p	20p

Passenger payments — cars and vans

5p per passenger per business mile for carrying fellow employees in a car or van on journeys which are also work journeys for them. Only payments specifically for carrying passengers count and there is no relief if you receive less than 5p or nothing at all.

Company cars

The charge is based on the price of the car for tax purposes (normally the list price) and accessories multiplied by an appropriate percentage based on the level of CO2 emissions and the fuel the car uses. There is a ready-reckoner of appropriate percentages for petrol-powered cars.

Fuel charges — company cars

Cars — to calculate the benefit charge on free or subsidised fuel for private use, the appropriate percentage used in calculating car benefit is applied to a set figure known as the car fuel benefit multiplier.

Car fuel benefit multiplier

Tax year	Amount
2026 to 2027	£29,200
2025 to 2026	£28,200
2024 to 2025	£27,800
2023 to 2024	£27,800
2022 to 2023	£25,300
2021 to 2022	£24,600
2020 to 2021	£24,500
2019 to 2020	£24,100
2018 to 2019	£23,400
2017 to 2018	£22,600
2016 to 2017	£22,200
2015 to 2016	£22,100