Limited Companies

For the first time in 15 years, HMRC has increased its Approved Mileage Allowance Payment (AMAP) rate for employees and business owners using their own vehicles for business travel. The change, announced by the Chancellor, Rachel Reeves, means that many businesses, employees and self-employed individuals will be able to claim more tax-free mileage expenses from the 2026/27 tax year onwards. In this article, we explain what has changed, who is affected, and how much additional