Share
COMPANY car drivers will breathe a sigh of relief: the Advisory Fuel Rates (AFRs) will change, reports HM Revenue & Customs (HMRC).
HMRC has yet to publish the details, but said it was in light of the increases in average fuel pump prices since 1 December 2010.
Usually the AFRs change twice a year – unless there is a significant swing in prices. So it’s good to see HMRC taking action on this one.
Editor’s Blog: HMRC to change rates from March
Sign up here for our free weekly serving of motoring.
Sign up here for our free weekly serving of motoring.
Business Motoring is the motoring resource for small businesses and SME small fleets running company cars and business cars. We can help with questions about car leasing, company car tax, business mileage, writing down and leasing allowances, and all the other detail you need to know about running a car on the business. As well as this, we have the latest car news, company car taxation news and car reviews to help you make the right choice for your next company car, along with special car leasing offers to help you get the right business car leasing deal.
Want more motoring news?
Sign up here for our free weekly serving of all things motoring.
