HMRC changes advisory fuel rates
26 February 2024
The latest quarterly review of advisory fuel rates by HMRC has seen changes to the amounts of fuel costs that company car drivers can claim back from their employer.
AFP launches updated tax manifesto ahead of spring budget
1 March 2023
Manifesto is the result of several months of work by the AFP’s Future Mobility Steering Committee which has been having wide-ranging discussions with members and other interested parties about developing
Industry calls for an increase in advisory fuel rates for EVs
2 September 2022
Due to soaring energy prices, October’s price cap will see electricity in the home rise to 52p per kWh and the daily standing charge up to 46p. Some public chargers
What are business mileage rates for hybrid cars?
29 August 2018
Find out what fuel reimbursement rates to use for business mileage in a hybrid car using the HMRC Advisory Fuel Rates to avoid paying car fuel benefit tax
What are Advisory Fuel Rates (AFRs)?
31 July 2018
Advisory Fuel Rates – or AFRs – are a way of reimbursing mileage incurred in a company car without incurring fuel benefit tax
Are you getting the right mileage rates?
16 July 2018
HMRC has announced the latest Advisory Fuel Rates for company cars. These can be used from September 2018 to avoid car fuel benefit tax
Car allowance business mileage – can I claim more?
16 February 2016
Getting your correct mileage entitlement Keith gets company car opt-out allowance of £375 per month, less 40% tax and NI, plus 12p per mile But approved the taxman’s mileage allowance rate is
Medium-sized Cambridgeshire firm trips up over mileage reporting to HMRC
23 April 2015
A Cambridgeshire-based engineering company Ivor Searle received a spot check visit from HMRC in early 2015. On inspection, it was found employee mileage claims were being estimated and could not
Daikin stays cool on HMRC business mileage compliance
1 October 2013
HMRC is continuing its SME Business Record Checks programme. And one of the items the taxman is looking for in your company’s record keeping is accurate business mileage records. HMRC
Company car drivers hit by new business mileage rates
3 September 2012
Rising fuel costs outstrip Advisory Fuel Rates
NEW HMRC Advisory Fuel Rates for company cars from September do drivers no favoursEditor Ralph Morton reports
