GoForma

  As a business owner, freelancer, or self-employed individual, every penny counts, especially when it comes to managing expenses. One of the most common ways to reduce your tax bill is by claiming mileage allowances for business-related travel. If you use your personal vehicle for work purposes, you may be entitled to claim tax relief on the miles you drive. Our  Mileage Claim Calculator  for 2024/25 is designed to help you estimate your potential savings and ensure you aren’t leaving money on the table. Why You Should Track Your Mileage for Business Keeping track of your business mileage is crucial for several reasons. Whether you’re self-employed, a contractor, or even a sole trader, the UK government allows you to claim a specific rate per mile driven for work purposes. This can significantly reduce your taxable income, effectively lowering your tax bill. In 2024/25, HMRC has set mileage rates for cars, vans, motorcycles, and bicycles that you can use to claim relief. By using Mile