By: Perry Richardson
Private hire drivers could benefit from higher mileage tax allowances after the Government announced plans to increase the rate available for business journeys exceeding 10,000 miles annually.HM Treasury confirmed on Monday 26 October that the higher-mileage rate would rise from 25p to 35p per mile, alongside plans to make the existing 55p allowance for the first 10,000 miles permanent.The announcement forms part of a package of measures ahead of Wednesday’s Budget, aimed at reducing costs for p