Advisory Fuel Rates

Advisory Fuel Rates

We originally published this post on advisory fuel rates on 1 September 2020 and updated it on 1 June 2024 for freshness, accuracy, and comprehensiveness. If your employees use company cars, you need to act in accordance with HMRC’s advisory fuel rates:...
New Rules on Capital Allowances and Cars

New Rules on Capital Allowances and Cars

The tax treatment of cars under the capital allowances system changed with effect from 1 April 2018. The new rules are likely to have a significant impact on many businesses. Here we consider the changes in more detail. ‘Capital allowances’ is the term used to...