James Murray, Practice Manager, Visionary Accountants, St Albans, Hertfordshire recently wrote an article on how mileage tracking apps are available for your mobile phone to record your business mileage for your tax return. Since this article MileIQ has announced that the mileage tracking app is now included for free with your company’s Microsoft Office 365 and Business Premium access.
James Murray, Practice Manager, Visionary Accountants, St Albans, said: ‘At Visionary Accountants we recommend that any clients who are driving for business use a mileage app as it will save you time completing your tax return. Your business trips can be logged so you always claim for the right number of miles. We recommend the MileIQ app as it works with the Xero and quickbooks software we use at Visionary Accountants. Now that MileIQ is offering any company with Microsoft Office 365 or who is a Business premium client their software for free it is even more compelling for our clients to start using it.’
For more information on how to record your mileage and the advantages of using an app to record your business miles read James Murray’s article - Consider using a mileage tracking app to record business miles on your tax return
The mileage rates that you can claim for 2018/19 are shown below:
| Type of Vehicle | First 10,000 Miles | Each additional mile above 10,000 Miles |
| Cars and Vans | 45p | 25p |
| Motorcycles | 24p | 24p |
| Bikes | 20p | 20p |