HMRC Advisory Fuel Rates From 1 June 2018

HMRC have published the latest Advisory Fuel Rates (AFR) which take effect from the 1st June 2018. These Advisory Fuel Rates are the recommended reimbursement rates, for employees reclaiming business travel, usually in company vehicles. These Advisory Fuel Rates, however, can also be used to calculate the fuel portion of a mileage claim.  This is important […]

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HMRC Advisory Fuel Rates From 1 March 2018

The HMRC Advisory Fuel Rates are used to reimburse employees for business travel in their company cars. However, these Advisory Fuel Rates can also be used to calculate the fuel portion of a mileage claim when claiming VAT on mileage expenses. The HMRC Advisory Fuel Rates are guideline rates, that can be paid tax free, and […]

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Advisory Fuel Rates From 1 December 2017

The Advisory Fuel Rates, set by HMRC, are used to reimburse employees for business travel in their company cars. The HMRC Fuel Rates are guideline rates, that can be paid tax free, and are based on the engine size and fuel type of your car. Hybrid cars are treated as either petrol or diesel cars […]

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VAT on mileage expenses – how to claim

Did you know you can claim back VAT on mileage expenses? If you drive your own car for business and claim mileage expenses (e.g. 45ppm), then your business can claim VAT on the fuel portion of the mileage expense – as long as your business is VAT registered (not flat-rate). […]

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