Many employers and employees make use of the advisory fuel rates published by HM Revenue & Customs. The rates apply where the employer:
The advisory fuel rates are also acceptable for VAT purposes providing VAT receipts for fuel purchases are retained.
The rates have changed with effect from 1 December 2012. The new rates are on the link below. Please note that HMRC no longer gives a months notice in this regard.
Currently HM Revenue & Customs reviews the rates at least twice a year. Please click on the following link for more information:
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