Stay organized and ensure accurate tracking of your business and personal travel with our Simple Mileage Log Template. This product includes two convenient file formats:
Excel File: Editable for easy digital record-keeping.
PDF File: Printable version to keep in your vehicle for on-the-go logging.
What is a Mileage Log?
A mileage log is a detailed record of your vehicle's usage, including dates, destinations, purposes of trips, and the miles driven. It’s essential for anyone claiming mileage deductions or reimbursing expenses.
What are the Mileage Rates?
Mileage rates are set by HMRC or other relevant tax authorities and determine the reimbursement or deduction amount for business-related travel. These rates are updated annually, so maintaining an accurate log ensures you claim the correct amounts.
Why It’s Important to Keep a Mileage Log
Tax Deductions: Claim business-related mileage on your tax returns.
Reimbursement: Ensure fair reimbursement for work-related travel.
Legal Compliance: Maintain proper records in case of audits or reviews.