The Chancellor has announced that the tax-free mileage allowance has increased by 10p per mile to 55p per mile 👏 Even better?✅ The increase can be backdated to 6 April 2026. For years, the approved mileage allowance sat at 45p per mile for the first 10,000 business miles, despite rising fuel, insurance and vehicle costs. This increase is a welcome boost for employees and directors using their own car for business journeys. 💷 Worked example: An employee drives 8,000 business