Reimbursement of Business Mileage - Advisory Fuel Rates

HMRC have changed the advisory fuel rates for company cars with effect for journeys on or after 1 December 2009. These rates apply where cars are provided by the employer, but where all fuel is paid for by the director/employee personally.

Reimbursement at these rates avoids tax or NIC implications and removes the requirement for a detailed calculation of the actual cost of the fuel used.

The rates apply to the reimbursement of business travel and also to the repayment by employees who are required to refund the cost of private travel.

For further information, please contact Kevin O'Brien on 0161 767 1271 or email kobrien@dtegroup.com.