"Treasury minister Dan Tomlinson stated the 45p-per-mile rate review was 'well overdue'. He acknowledged this stagnation had increased 'the cost of working'."
"Chancellor Rachel Reeves announced the review this month, with the Treasury offering further details. The government intends to consult workers facing rising motoring costs during the process."
"Exchequer Secretary Mr Tomlinson said: Millions of working people rely on their car to do their job. But mileage rates have been unchanged since 2011 and that's increased the cost of working."
The government is launching a review of the 45p-per-mile mileage rate, which has not changed since 2011. Treasury minister Dan Tomlinson emphasized that this stagnation has increased the cost of working for many employees who depend on their vehicles. Chancellor Rachel Reeves announced the review, which aims to consult workers facing rising motoring costs. The review is seen as necessary to help alleviate financial burdens on working individuals, especially in light of the current cost of living challenges.
Read at www.independent.co.uk
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