Revenue and Customs: Approved Mileage Allowance

House of Lords written question – answered on 15th July 2008.

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Photo of Lord Hanningfield Lord Hanningfield Shadow Minister, Transport

asked Her Majesty's Government:

How much, in real terms and as a percentage, have retail prices for unleaded and diesel vehicle fuel risen since HM Revenue and Customs Approved Mileage Allowance Payments were last revised.

Photo of Lord Davies of Oldham Lord Davies of Oldham Deputy Chief Whip (House of Lords), HM Household, Captain of the Queen's Bodyguard of the Yeomen of the Guard (HM Household) (Deputy Chief Whip, House of Lords)

Details of the increase in retail prices for unleaded and diesel fuel between April 2002 and May 2008 are shown in the attached table.

Super unleaded Premium unleaded Diesel
% increase in nominal terms 38% 40% 44%
% increase in real terms 19% 21% 24%

The Chancellor keeps the statutory tax free mileage allowance rates under review and considers changes in the context of the Budget and Pre-Budget Report Statements.

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