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Fuel Rate

Advisory Fuel Rates For Company Cars September 2021

As the result of recent increases in petrol and diesel prices, HMRC have increased the advisory fuel rates that apply for the reimbursement of employees’ private fuel for their company cars. The same rates apply when the employer reimburses employees for fuel used for business journeys in their company car. The new rates apply from […]

Read more October 13th, 2021

Advisory Fuel Rates For Company Cars June 2021

These are the suggested reimbursement rates for employees’ private mileage using their company car from 1 June 2021. Where there has been a change the previous rate is shown in brackets. For wholly electric cars there is a 4p advisory rate. However, for hybrid cars use the equivalent petrol or diesel rate. Note that for […]

Read more June 15th, 2021

Advisory Fuel Rates For Company Cars March 2021

These are the suggested reimbursement rates for employees’ private mileage using their company car from 1 March 2021. Where there has been a change the previous rate is shown in brackets. For wholly electric cars there is a 4p advisory rate. However, for hybrid cars use the equivalent petrol or diesel rate. Note that for […]

Read more March 11th, 2021

Advisory Fuel Rates For Company Cars January 2021

These are the suggested reimbursement rates for employees’ private mileage using their company car from 1 December 2020. Where there has been a change the previous rate is shown in brackets. For wholly electric cars there is a 4p advisory rate. However, for hybrid cars use the equivalent petrol or diesel rate. Note that for […]

Read more January 13th, 2021

Advisory Fuel Rates For Company Cars September 2020

These are the suggested reimbursement rates for employees’ private mileage using their company car from 1 September 2020. Where there has been a change the previous rate is shown in brackets. You can continue to use the previous rates for up to 1 month from the date the new rates apply. For wholly electric cars […]

Read more October 15th, 2020

How To Treat Employee Expenses And Benefits Provided During Coronavirus

Find out about taxable expenses and benefits when they are paid to employees because of coronavirus and how to report them to HMRC. This guidance is about Income Tax treatment only. National Insurance contributions treatment may vary depending on the individual benefit or expense. See: https://www.gov.uk/guidance/how-to-treat-certain-expenses-and-benefits-provided-to-employees-during-coronavirus-covid-19 Please talk to us if you need clarification in […]

Read more June 11th, 2020

Advisory Fuel Rates For Company Cars December 2019

These are the suggested reimbursement rates for employees’ private mileage using their company car from 1 December 2019. Where there has been a change the previous rate is shown in brackets. You can continue to use the previous rates for up to 1 month from the date the new rates apply. For hybrid cars use […]

Read more January 7th, 2020

Advisory Fuel Rates For Company Cars September 2019

These are the suggested reimbursement rates for employees’ private mileage using their company car from 1 September 2019. Where there has been a change the previous rate is shown in brackets. You can continue to use the previous rates for up to 1 month from the date the new rates apply. For hybrid cars use […]

Read more October 4th, 2019

Advisory Fuel Rates for Company Cars June 2019

These are the suggested reimbursement rates for employees’ private mileage using their company car from 1 June 2019. Where there has been a change the previous rate is shown in brackets. Note that for hybrid cars you must use the petrol or diesel rate. You can continue to use the previous rates for up to […]

Read more July 15th, 2019

Advisory Fuel Rates for Company Cars March 2019

In line with recent reductions in fuel prices, HMRC have reduced their suggested reimbursement rates for employees’ private mileage using their company car from 1 March 2019. Where there has been a change the previous rate is shown in brackets. Note that for hybrid cars you must use the petrol or diesel rate. You can […]

Read more April 8th, 2019

Advisory Fuel Rates for Company Cars December 2018

These are the suggested reimbursement rates for employees’ private mileage using their company car from 1 December 2018. Note that for hybrid cars you must use the equivalent petrol or diesel scale charge. However, it may be more beneficial to compute the actual cost. Where there has been a change the previous rate is shown […]

Read more January 4th, 2019

Private Use Of Company Vans

Where employees are provided with a company van, the taxable benefit increases from £3,150 to £3,170 for 2016/17 and there will be an additional taxable benefit of £598 where private fuel is provided by their employer. Note that this charge does not apply to all company van drivers, only those who use the van for […]

Read more December 9th, 2015