C

    Income tax - Employment income - Expenses and benefits - II. Benefits in kind - Taxable benefits - Vehicles - b. Car fuel - 27715

    If private fuel is provided for a car by reason of employment, a benefit arises unless: - the car is a pool car (¶27660); - the employee is disabled; or - the fuel is electricity for an electric...

    Advisory fuel rates fall significantly

    Advisory fuel rates fall significantly..New rates. HMRC has updated its advisory fuel rates (AFRs) for company cars from 1 June 2020. The old rates (shown in brackets in the table below) can...

    New advisory fuel rates

    New advisory fuel rates..New rates. HMRC has updated its advisory fuel rates (AFRs) for fuel costs for company cars from 1 March 2020. However, you can use the old rates (shown in brackets in...

    employer/employee company car fuel agreement

    Employer/employee company car fuel agreementTo avoid a tax charge arising where you provide an employee with fuel for their company car, have an agreement requiring them to reimburse the cost.Fuel benefit...

    employee business mileage record

    Employee business mileage recordEmployees and directors are required to keep a detailed record of journeys for which they receive a mileage allowance from their employer or where they claim a...

    HMRC’s latest fuel rates

    HMRC’s latest fuel rates..New rates . HMRC updated its advisory fuel rates (AFRs) for fuel costs when using company cars from 1 December 2019 onwards. If you wish you can continue to use the...

    What’s new with company cars in 2020

    If you have use of a company car for private travel you’ll have to pay tax for the privilege. Plus, there’s a further tax bill if the business pays for your fuel for private journeys. What’s...

    The latest HMRC fuel rates

    The latest HMRC fuel rates..New rates. HMRC updated its advisory fuel rates (AFRs) from 1 September 2019 for fuel costs when using company cars. If you wish you can continue to use the old rates (shown...

    Company car advisory fuel rates stay flat

    Company car advisory fuel rates stay flat..New rates. HMRC has updated its advisory rates for fuel costs for employers and drivers of company cars for the quarter commencing 1 June 2019. They...

    Dodging the car fuel benefit

    The rules for the car fuel benefit charge create a cliff-edge tax charge. Just £1 worth of fuel paid for by an employer can land you with a tax bill that runs into thousands. How can you dodge...