Company car fuel rates
If the mileage rate you pay is no higher than the advisory fuel rates for the engine size and fuel type of the company car, there will be no taxable profit and no Class 1A National Insurance to pay. Advisory fuel rates - company cars See the rates for this year and earlier years plus an explanation of how the rates can be used. Where fuel is provided for a car the benefit of which is taxed in accordance with Chapters and (‘ company cars ’), a fuel benefit charge will normally apply to. What is a company car fuel benefit? How much tax do you pay on car fuel? Is it worth paying more on a company car? Employers can use these rates to reimburse company car drivers for business fuel. These rates should not be used in relation to vans.