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Tradesman Van Running Costs Calculator

See the true annual cost of your work van — and whether HMRC mileage rates cover it.

£25,000

For cash purchase, this is used to estimate depreciation (~15%/year). For HP/Lease, enter your monthly payment below.

15,000 mi

Standard commercial van rate 2026: £320

Breakdown cover, repairs, parking, tolls, etc.

Annual cost breakdown

HP payments£4,200
Fuel cost£128
Fixed costs£2,420
Total annual cost£6,748
Cost per business mile0.45p/mile
⚠️HMRC mileage allowance
Allowance value (15,000 miles)£5,750

Your actual costs exceed the HMRC allowance by £998. Consider keeping actual cost records.

HMRC mileage rate of 45p/mile for the first 10,000 business miles covers the vast majority of van running costs for lower-mileage tradespeople. At 20,000+ miles/year, actual costs often exceed the allowance — consider keeping actual cost records instead.

FAQ

Frequently asked questions

Common questions about van running costs and HMRC mileage allowances for UK tradespeople.