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FB AUF 046/2017_v4 (Updated Jan 2024)PRODUCT DISCLOSURE SHEET (Please read and understand this Product Disclosure Sheet together with the general terms and conditions governing the Hire Purchase before
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01
Determine the start and end locations of your journey.
02
Calculate the distance between the start and end locations using a reliable mapping tool or GPS.
03
Multiply the distance by the applicable flat rate mileage plus rate.
04
Report the calculated mileage on the appropriate form or document.
05
Keep records and documentation of your mileage for future reference or verification.

Who needs flat rate mileage plus?

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Flat rate mileage plus is typically used by individuals or businesses who frequently travel for work-related purposes.
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This can include sales representatives, delivery drivers, field technicians, or any professional whose job requires them to drive regularly.
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It is especially beneficial for those who do not want to track and report their actual expenses for mileage reimbursement.
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Flat rate mileage plus provides a simplified and standardized method of calculating mileage expenses.
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Flat rate mileage plus is a reimbursement method used to compensate employees for travel-related expenses based on a fixed rate per mile traveled.
Employees who use their personal vehicles for work-related travel and wish to claim reimbursement for mileage expenses must file flat rate mileage plus.
To fill out flat rate mileage plus, employees typically need to provide details about the total miles driven for business purposes, the purpose of the trip, the date of the travel, and any related costs incurred.
The purpose of flat rate mileage plus is to simplify the reimbursement process for employees by offering a standardized rate for mileage driven for work-related activities.
The information that must be reported includes the number of miles driven, the dates of the trips, the purpose of each trip, and any additional expenses incurred during travel.
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