These rates have just changed. The new rates can be found by following this link.
Multiply the relevant mileage rate by 1/6 to arrive at the amount of VAT you can reclaim.
At the lowest rate of 15p a mile, this would be a total claim of:
- 16,000 miles x 15p a mile = £2,400
- VAT claim £2,400 x 1/6th = £400
You need to obtain VAT petrol receipts to support the claim. This means getting a fuel receipt every time you fill up.
If you have any comments or queries, do contact me.