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Eurostationers Articles: Mileage Record Books

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MILEAGE RECORD BOOKS

Any employees who use their own cars for business mileage can generally claim 45p per mile for the first 10,000 miles and 25p per mile thereafter.

Try to ensure that the company reimburses you for the mileage you have covered before 5th April. But don’t worry if you miss this date you can claim in the following year (seek accountants advice on how to do this)

Ensure your business mileage is recorded accurately. You can use mileage record books that can be bought from stationers to make your life easier. These are just a few you can choose from:

a)     Guildhall mileage log book:  records the mileage for one vehicle. There are 60 leaves per book with 14 opening entries. This book is pocket sized and easy to carry around.
b)     Simplex Mileage Book: Keeps a day-to-day record of all journeys made. Separates business mileage and private mileage helping to keep your records straight.
c)      Drakes Mileage Book: Alternative: This is a systematic approach to recording your business and private mileage in duplicate. So one copy can be given to the accounts department, or if you are self-employed it can given to your own accountant and the other would remain in the book.

Do not forget that recording mileage properly will keep the taxman happy, otherwise you may find it difficult to claim all the mileage recorded. Ensure that you record the date, where you visited and mileage.

mileage log book                                     simplex mileage book                                 mileage record book
 

 

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