Bicycles and Bicycle Mileage

if you are cycling to and from work you are able to claim the mileage at £0.20 per mile. The director can’t claim the cost of the bicycle or for repairs to the bicycle as the bicycle will be the director’s personal property and not owned by the business. Only claiming the 20 pence per business mile means that there will be no additional tax implication should the bike be used for personal reasons as well.

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London: Kemp House, 160 City Road, EC1V 2NX
Cambridge: 17 Parsonage Close, CB22 4SJ
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