Mileage Allowance 2024/2024. The new tax year is starting on july 1st, and the ato has announced the new cents per km rates for the 2023/2024 year. Use these road fuel charges from 1 may 2023 on your vat return, to account for private.
Added allowance amounts for tax year 2024 to 2025. The current 2024 benefit in kind (bik) rate in the uk is 2% for electric cars.