Businesses fight back against company car tax rises
Forthcoming company car tax changes will affect all company cars, including our Company Car of the Year the Ford Focus EcoBoostStory: ROBIN ROBERTS Budget 2012 – it might seem a distant memory. But...
View ArticleCompany car drivers hit by new business mileage rates
Business drivers face no change in the main rates for company car mileage – against a background of rising fuel pricesAuthor: RALPH MORTON Company car drivers will be hit by rising fuel costs as HMRC...
View ArticleUpdated company car mileage rates
Company car drivers: no change in business mileage ratesCOMPANY car drivers have an updated set of figures for company car mileage rates from HMRC – known as Advisory Fuel Rates – for use from...
View ArticleAre you claiming the correct pence per mile rates for your tax return?
It doesn’t matter what size your car – like this Audi A4 Avant or the Fiat 500 in the background, the pence per mile rates for using a private car on business stay the same, putting a premium on more...
View ArticleHow to finance your car as a start up
Car finance for start-ups: Why should you read thisYou’ve just started your own business You need a car for business You want to know the best way to finance a car for start-ups And what the tax...
View ArticleCompany car tax tables for tax years 2013/14 to 2016/17
Understand your company car benefit in kind liability with our company car tax table IF you want to know the company car tax banding of your next company car, then use our company car tax tables to...
View ArticleCompany car drivers hit by drop in business mileage rates
Motoring costs don’t get easier: latest company car business mileage rates drop in the main engine categoryCOMPANY car drivers in mid-range cars will not take kindly to this news: the company car...
View ArticleNew HMRC VAT fuel scale charges for 2013/14
New VAT fuel scale charges: businesses should use them if they supply free fuel to their company car driversTHERE are new VAT fuel scale charges. The VAT fuel scale chargesIf you supply free fuel to...
View ArticleCompanies in the dark over correct business mileage rates
It’s 45p a mile mate – if it’s your own car AN astonishing 25% of larger companies don’t know how much they pay their staff for driving their own private cars on company business. The frank confession...
View ArticleDrivers get uplift in company car business mileage rates
Rises due at the pumps? Latest company car business mileage rates see improved rates for some drivers GOOD news for company car drivers. The business mileage rates you can claim are rising from...
View ArticleDaikin stays cool on HMRC business mileage compliance
How will you feel when HMRC come knocking on your door to inspect your business mileage records? HMRC is continuing its SME Business Record Checks programme. And one of the items the taxman is looking...
View ArticleAs MP claims 3p for one car trip, are you claiming the correct business mileage
Before you start that business trip in your own personal car, do you know the correct business mileage rates you should be claiming? WOULD you claim 3p for a 100m car journey? We suspect not; and more...
View ArticleMaking business mileage out of HMRC
Take care with your mileage records, get properly advised, and you should have nothing to worry aboutWE have seen over recent months a growing number of articles suggesting that HMRC is attacking the...
View ArticleWhat is mileage allowance relief (MAR)?
If you use your own car for business you should be aware of MAR to make sure you’re not paying too much tax WHAT is MAR and how does it differ from AMAPs? Good question. And all with plenty of acronyms...
View ArticleAre you using the latest pence per mile AFR figures for your company cars?
AFRs have dropped slightly from December 1. You should start using the new rates from January 1 – HMRC allows a 1 month change-over THE latest official pence per mile figures were announced from 1...
View ArticleOne change in latest company car business mileage rates
Diesel and petrol rates stay unchanged – but there’s a 1ppm increase for some LPG users HMRC has just announced its latest quarterly review of advisory fuel rates (AFR). They take effect from March 1...
View ArticleNew VAT fuel scale charges for 2014/15
New VAT fuel scale charges: apply to all accounting periods from May 2014 THERE are new VAT fuel scale charges that you should be using from May accounting periods onwards. The VAT fuel scale charges...
View ArticleWhat tax relief on car leasing is available and what VAT can you claim?
Are you making the most of the tax relief on car leasing that’s available? WHEN it comes to funding company cars, more and more SMEs are choosing the leasing route, because of the tax relief on car...
View ArticleDiesel mileage rate cut to hit SME fleet favourites
Diesel drivers are being really hammered in changes to company car mileage rates DIESEL vehicle operators are being hammered in changes to company car mileage rates by HMRC, which is targeting the key...
View ArticleHMRC cuts company car mileage fuel rates
The price of fuel going down might make company car drivers smile, but the reduction in business mileage rates won’t as HMRC reduces the pence per mile figure to be claimed FALLING pump prices have...
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