Advisory Fuel Rates

Advisory Fuel Rates

This post on advisory fuel rates was originally published on 1 September 2020 and was updated on 1 September 2022 for freshness, accuracy and comprehensiveness. If you have an employee using a company car, you will be required to use the HMRC’s advisory fuel...
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...