It has been close to two decades since any changes in the reimbursement of civil service mileage rates were introduced. Owing to economic and environmental considerations, 1st April 2017 introduced the enforcement of significant changes to the dated system which will heavily impact the private sector.
All businesses that reimburse their employees for business motoring expenses will begin to see the implications of the recent changes as following:
- An increase in the number of distance bands that will focus on those employees who do significant work-related mileage;
- A reduction in the reimbursement rate for the first 1,500km;
- An increase in the rate for those doing between 1,501km to 5,500km per annum; and
- More beneficial rates for cars with lower engine sizes and emissions.
As a result, some employees will find themselves financially “better off” while others will see the opposite effect, depending on the distance travelled on a regular basis, the type of car and how efficient it is.
Clients are advised it may take some time for the full impact of these changes to be seen and we recommend that companies ensure their systems for reimbursing employees, and the rates they pay, are adapted. We also recommend communicating these changes to employees who may be unaware of this looming change and its impact on their finances.
Motor Travel rates 2017
Effective from 1st April 2017
Motor Travel Rates per kilometre
Distance Bands | Engine Capacity up to 1200cc | Engine Capacity 1201cc to 1500cc | Engine Capacity 1501cc and over | |
Band 1 | 0 – 1,500 km | 37.95 cent | 39.86 cent | 44.79 cent |
Band 2 | 1,501 – 5,500 km | 70.00 cent | 73.21 cent | 83.53 cent |
Band 3 | 5,501 – 25,000 km | 27.55 cent | 29.03 cent | 32.21 cent |
Band 4 | 25,001 and over | 21.36 cent | 22.23 cent | 25.85 cent |
Reduced Motor Travel Rates per kilometre
Engine Capacity up to 1200cc | Engine Capacity 1201cc to 150cc | Engine Capacity 1501cc and over |
16.59 cent | 17.63 cent | 18.97 cent |
For more information visit: http://circulars.gov.ie/pdf/circular/per/2017/05.pdf