Company Car Use Fuel Rates Change

Many of us who use our cars for business where we claim back the cost of business fuel, have been waiting patiently to see whether the HMRC (H M Revenue and Customs) increase the advisory fuel rates to match the rapidly increasing fuel costs. Well with the new coalition governments austerity programme beginning to kick in then you won't be surprised that the changes are not exactly generous!


In fact if you are one of the many people who run a diesel car with an engine capacity of between 1401cc and 2000cc, which I suggest is the majority of us then the rate of reimbursement hasn't changed. Interestingly the larger engined vehicles of over 2000cc have been the biggest winners, is this showing commitment to reducing emissions or is it that ministers and senior civil servants all run bigger capacity cars?...read more