Advisory fuel rates from 1 Sep 2018

Advisory fuel rates from 1 September 2018 The advisory fuel rates for claiming back mileage in a company car from 1 September 2018 are as follows: Engine size                       Petrol – amount per mile            LPG – amount per mile 1400cc or less                     12 pence                … Read More

Advisory Electricity Rate for electric cars

From 1 September, employees can be reimbursed up to 4p per mile travelled on businesses in a fully electric company car without any income tax or Class 1 National Insurance to pay. This payment is made under the Advisory Electricity Rate and works in a similar way to the current and ongoing Advisory Fuel Rates. HMRC recently made the decision … Read More