We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we will assume that you are happy to receive all cookies on the Business Car website. However, if you would like to, you can change your cookies at any time
The start point for the best source of fleet information |
HM Revenue & Customs has confirmed it has scrapped the one-month notice period for changes to the Advisory Fuel Rate, the mileage rate paid to staff reclaiming business fuel using company vehicles. The rates themselves shift slightly upwards from 1 December.
"HMRC received representations from a number of external bodies and a high level of correspondence from individuals relating to the problem that in times of high fuel price volatility, the announced rates bore no relation to actual pump prices by the beginning of the AFR period," said a HMRC spokesman. "To bring the two into better alignment, it was suggested we remove the one month's notice."
| ||||||||||||||||||||
FOLLOW BUSINESSCAR ON TWITTER
BusinessCar magazine ©2019
Business Car Magazine © 2020 | Business Car is part of NS Media Group.
