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The RAC Fuel and Mileage calulator makes it easy for you to calculate the fuel cost of a journey and your business mileage along a route of your choice.
- Commercial Motor Insurance
RAC Business Insurance is fulfilled by insurance specialists...
- Black Box Car Insurance
Q. Is there a RAC Black Box app? Yes. If you have RAC Black...
- Covid-19
The RAC has been helping motorists for over 125 years. But...
- Commercial Motor Insurance
Fortunately, you can easily check the amount of tax you'll need to pay by using the RAC's comprehensive vehicle tax check service. This will provide you with all the important details you need to make an informed decision when purchasing a car.
AMAP is a standard rate set by the HMRC that businesses can use to calculate mileage costs for tax. It simplifies the process by offering a flat rate per mile, which stops the need for detailed record-keeping of all vehicle-related expenses.
Fuel duty raises more than £26bn a year, which together with VAT charged on fuel, vehicle tax and ‘showroom’ tax totals, means motorists contribute more than £40bn a year to the Government’s coffers. How often do UK pump prices change?
How to calculate fuel cost per mile. Cost per mile (pence) = Litres x Fuel price / Number of miles. Annual running cost (converts to £) = Cost per mile x Average mileage / 100
6 mar 2024 · Car tax bands remain unchanged but Vehicle Excise Duty (VED) will rise for most drivers from 1 April 2024. The increase is calculated in line with inflation and is based on the Retail Price Index (RPI).
Calculations by the RAC Foundation suggest that people who drive their own cars for work should now be entitled to about 63p per mile tax free. This would mean that someone covering 5,000 miles per annum for work in their own car could receive up to £3,150 before facing a tax liability.
