LONDON DAILY ARCHIVE

Treasury Increases Mileage Allowance Payments for 2026–27 Tax Year to 55 Pence Per Mile

The Treasury has announced an increase in approved mileage allowance payments from 45 pence to 55 pence per mile for the 2026–27 tax year, applying to both employees and the self-employed as part of cost-of-living adjustments.

21 June 2026 · 21:19 UTC