40ppm mileage rate - pro-rata?

Grade_A_Reject

As the 40ppm mileage allowance only applies to the first 10,000 business miles per year does this have to be pro-rata'd if I have only been SE for 3 months of the tax year?

e.g on 6000 miles

10,000 * 3/12 (2500) @ 40ppm then the rest at 25ppm = £1875

or

all 6,000 @ 40ppm = £2400

Hope this makes sense!

suso

No it doesn't need to be.

Its the same rate whether you were self employed or 1 month or 1 year.

so in your example 6,000 @ 40ppm