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fuel
Advisory Fuel Rates
HMRC routinely reviews the published Advisory Fuel Rates every three months. The current rates, effective from 01 June 2012, are added to the table below. Employers may choose to implement the new rates immediately, or use the old rate for up to one further month, and make, or require employees to make supplementary payments, if [...]
Questions from our forum 16/12/2011
The following is a selection of questions that have been posted to our Forum over the past week. Can you contribute to any of the discussions?…………. Employer recovering credit card payment from employee exclusive of VAT – Is this a benefit and should it be reported on P11D? The employer pays a credit card fee [...]
Budget – Mileage allowance payments
For employees required to use their own car or van for work, the approved mileage rate for cars and vans will increase, from April 2011, to 45p per mile (up from 40p) for the first 10,000 miles in a tax year, and 25p per mile thereafter. For NICs purposes, the new limit is 45p per [...]
