Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether he has plans to review the Approved Mileage Allowance Payments rate for the self-employed.

Self-employed people can get tax relief for fuel and other business motoring expenses by choosing to use either the simplified mileage rate or by claiming capital allowances and actual expenses. The simplified mileage rate is intended to create administrative simplicity and certainty by using an average rate, which reflects vehicle running costs including fuel, depreciation, servicing, insurance, and Vehicle Excise Duty. As it is an average, the rate is necessarily more appropriate for some drivers than others.

As with all taxes and allowances, simplified mileage rates are kept under review and any changes are considered and announced by the Chancellor at fiscal events.