As a self-employed individual in the UK, managing your finances can sometimes feel like a full-time job. Among the many expenses you need to keep track of, mileage is a significant one, especially if you use your vehicle frequently for business purposes.
Understanding the HMRC mileage allowance rates for 2024 can help you claim the maximum relief possible and keep more of your hard-earned money in your pocket.
This blog provides vital information on mileage allowance for self-employed individuals in UK small businesses.