Cost Per Mile Uk

Diesels more expensive than petrol but you get more miles per gallon.
Cost per mile uk. Next enter your cars mpg miles per gallon value. Youll need to be a high mileage driver to make diesel a more economical choice than petrol. Cost per mile also allows you to determine an appropriate per mile rate to charge shippers. To calculate the approved amount multiply your employees business travel miles for the year by the rate per mile for their vehicle.
Real life miles per gallon to work out what mpg you are really getting please provide the cost of the fuel how much you spent on the fuel and how far it took you. The fuel price is the average for the whole of the uk and is updated daily but feel free to change it if you know the price at your local petrol station. For example the cost of the fuel could be 969 the amount could be 10 pounds and the distance covered could be 80 miles. If your cost per mile seems high one solution is to take on more work.
Knowing your companys operating expenses on a per mile basis gives you the information needed to be profitable. Use hmrc s maps working sheet if you need help.