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Vehicle Leasing News | Our Blog

You're viewing our latest 'HMRC / Tax' blogs...

New Advisory Fuel Rates published by HMRC New Advisory Fuel Rates published by HMRC
New AFRs effective from 1st September 2022. Effective from Thursday 1st September, new Advisory Fuel Rates (AFRs) have been released by the government. The rates are used by company car drivers claiming back fuel costs from their employer, or for drivers to repay the cost of fuel used for private travel. Rates are reviewed quarterl ...
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HMRC raises new Advisory Fuel Rates by up to 3p per mile HMRC raises new Advisory Fuel Rates by up to 3p per mile
New AFRs effective from 01 June 2022 The government has released new Advisory Fuel Rates (AFRs) that come into effect from 01 June 2022 for company car drivers claiming back fuel costs from their employer. HM Revenue and Customs (HMRC) reviews the rates quarterly, although it wa ...
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HMRC publishes Advisory Fuel Rates HMRC publishes Advisory Fuel Rates
Latest AFRs effective from 01 March 2022Advisory Fuel Rates (ARFs) have been announced by HM Revenue and Customs, which will come into effect from Tuesday 01 March for company car drivers claiming back fuel costs from their employer. Despite record prices at the pumps, AFRs are largely unchanged, since the las ...
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Fleets to benefit from 25% increase in electric vehicle reimbursement rates Fleets to benefit from 25% increase in electric vehicle reimbursement rates
Following the UK Government's announcement that Advisory Electricity Rates (AERs) for electric vehicles have increased by 25%, the Association of Fleet Professionals (AFP) and British Vehicle Rental and Leasing Association (BVRLA) have hailed the news as a win for fleets. ...
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HMRC publishes new Advisory Fuel Rates HMRC publishes new Advisory Fuel Rates
New Advisory Fuel Rates (AFRs) have been released by the government, effective from Wednesday 01 September. The rates impact those company car drivers claiming back fuel costs from their employer without attracting free fuel tax. The new figures ...
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New Skoda SUV beats the benefit in kind tax trap New Skoda SUV beats the benefit in kind tax trap
Business users wanting a family-sized SUV that happily handles the kids at the weekend and the business meetings during the week, take a look at the new Skoda SUV. Called the Enyaq iV, it's a fully electric car capable of up to 333 miles on a single charge but with benefit in kind tax startin ...
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