Electric Vehicle Mileage Claim. In this guide, we look at the rules on claiming mileage for an electric company car and an electric privately owned car, together with the current electric car mileage rates. Where the employee uses their own car the mileage rate is the same as for a petrol or diesel car i.e.
Vehicles you use for work. From the 1st march 2024, the advisory electric rate is 9p per mile.
At Mileiq, We Frequently Get Asked, “Is Mileage Reimbursement Different For Electric Vehicles?
Published 13 june 2013 last updated.
So If The Vehicle’s Cost Is More Than $13,333.33, The Taxpayer Will Get The Full $4,000 Credit.
So, if you travel 12,000 business miles (as in our first example), but using a company electric car, this is how your mileage expenses are calculated.
This Essentially Means That For Every Business Mile You Clock In Your Ev, You Can Claim 9P As A Tax Deduction Against Your Income.
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From The 1St March 2024, The Advisory Electric Rate Is 9P Per Mile.
This does not include travelling to and from your work, unless it’s a.
This Guide To Claiming For Company Car Charging Has The Answer.
This is the same as for petrol and diesel cars and designed to.
Dive Into Our Detailed Guide On The 2024 Irs Mileage Rate For Electric Vehicles.
