Posts Tagged ‘ Value Added Tax ’

HMRC Advisory Fuel Rates

Aug 6th, 2008 | By James Green | Category: Accounting for the Money, UK Business Taxes, UK Personal Taxes

COMPANY CAR:
If you have a company car which you can also use for private use then as from 1st July 2008 the following rates apply for reimbursement of fuel costs for business mileage:
 

Engine Size

Petrol

Diesel

LPG

1400cc or less

12p (11p)

13p (11p)

7p (  7p)

1401cc to 2000cc

15p (13p)

13p (11p)

9p (  8p)

Over 2000cc

21p (19p)

17p (14p)

13p (11p)

 
PRIVATE CAR: 
If you use your [...]