Tax: Company car business mileage rates
THE volatile nature of fuel costs has persuaded H M Revenue & Customs (HMRC) to update its advisory fuel rates (AFR) for business mileage undertaken in company cars on a
THE volatile nature of fuel costs has persuaded H M Revenue & Customs (HMRC) to update its advisory fuel rates (AFR) for business mileage undertaken in company cars on a
Arval’s Mike Waters explains some of the tax changes to fuel in the Budget.
THE Association of Car Fleet Operators (ACFO), the premier organization representing UK fleet managers, plans a closer working relationship with the coalition government. Chairman Julie Jenner delivers this special report
IF YOUR business provides your employees or directors with a car for business and private use, it is taxed – provided the employee or director earns £8500 or more per
Editor’s Note: The company car business mileage rates – known as the Advisory Fuel Rates – have been updated again since this story was published. Go here for the latest
THE volatile nature of fuel costs has persuaded H M Revenue & Customs (HMRC) to update its advisory fuel rates (AFR) for business mileage undertaken in company cars on a
The government has changed the way VAT is applied on the road fuel scale charge.
For accounting periods starting on or from 01 May 2007, the scale charge will be based
VAT is payable on fuel provided for private use Some businesses pay for the fuel used by company car drivers during private mileage. When this happens, the company has to
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.
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