"AA approved mileage rates" is a phrase commonly used by UK drivers looking for motoring cost guidelines. However, a common misconception must be clarified first: Instead, the UK standard for tax-free business mileage is determined exclusively by HM Revenue and Customs (HMRC) through the Approved Mileage Allowance Payments (AMAP) framework.

The loss in the vehicle's market value over time as mileage accumulates.

Featured Searches:

Read the Story →