Archive for June, 2015

New Advisory Fuel Rates from 1st June 2015

New Advisory fuel Rates from 1st June 2015 can be found here; https://www.gov.uk/government/publications/advisory-fuel-rates/advisory-fuel-rates-from-1-june-2015 Used to reimburse employees for business travel in their company cars, or when you require employees to repay the cost of fuel used for private travel.  If you do not exceed the AFR there is no taxable benefit and you do not have to report to HMRC.  Employers can reclaim vat on the ‘fuel element’ of the AFR.

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