The name is taken from the sky in a painting featured in the movie. The movie Vanilla Sky is a remake of the Spanish movie Abre los Ojos (Open Your Eyes) which is a really good movie.
If you use your own car for business, you will be able to claim 45 pence per mile for the first 10,000 miles, and then 25 pence per mile for each mile thereafter. These are tax free and known as Approved Mileage Allowance Payments (AMAPS).
Each year, the IRS releases an optional standard mileage rate. As of July 1, 2008, that rate is 58.5 cents per mile traveled for business purposes, 27 cents per mile for medical and moving travel, and 14 cents per mile for travel for charitable purposes.You can use the standard mileage rate as a benchmark to reimburse employees for business travel.For tax purposes, itâs much less complicated to go by the standard rates than to require employees to keep track of their actual vehicle expenses.f you donât reimburse employees for mileage expenses, they may deduct from their gross income (1) the amount paid under their own mileage allowance or (2) the IRSâ standard rate multiplied by the number of miles driven for business purposes, whichever is less.