HMRC - Page 2

Tax avoidance scheme warning from HMRC for fleets and drivers

HMRC is warning fleets and drivers not to get caught out by non-compliant umbrella companies selling tax avoidance schemes.

Tax and Legislation 17 Nov

Pile of pound coins on top of £5, £10 and £20 notes

HMRC won't appeal cash allowance ruling

HMRC has decided not to launch an appeal after a court ruled it wrongly refused tax relief from national insurance payments paid on car allowances.

Cash allowance 30 Aug

Could you be due a NIC refund from HMRC?

Ian Goodwin, tax partner at Mazars, offers advice to employers after a court ruled that HMRC wrongly refused tax relief on car allowances.

Cash allowance 29 Aug

Pile of pounds coins alongside set of car keys

Mileage rate leaves grey fleet drivers 'out of pocket'

RAC Foundation research suggests 41% increase in cost of motoring not reflected in current mileage rate of 45p per mile, leaving employees short-changed.

18 Jul

Tax impact of electric vehicle uptake revealed in OBR report

Transition away from fossil fuels is “rapidly eroding” tax revenues from petrol and diesel cars and vans.

17 Jul

HMRC loses cash allowance appeal | Ruling impacts grey fleet payments

HMRC faces having to refund millions of pounds in tax to employers after wrongly refusing relief from national insurance payments paid on car allowances.

14 Jul

HMRC data reveals dramatic decline in company car emissions

Just over one third of company cars are diesel following a steady decline from 80% in 2017, according to new data published by HMRC.

co2 emissions 30 Jun

New HMRC data shows number of company car drivers and tax take

The number of employees paying company car tax has stayed the same year-on-year after several years of decline, according to new figures published by HMRC.

30 Jun

HMRC allows Mazda CX-60 PHEV into 8% BiK band

The Mazda CX-60 PHEV has moved into the 8% benefit-in-kind (BiK) tax band following clarification of HMRC company car tax rules.

Mazda CX-60 6 Jun

Vast majority of EV journeys cost more than the AER in Q1

The vast majority of business journeys cost more per mile than the advisory electricity rate reimbursed drivers before March increase, new analysis suggests.

26 Apr

Government slowing the transition to a greener transport system

Thom Groot, co-founder and CEO of The Electric Car Scheme says the Government could boost electric vehicle (EV) use for less than 1% of the petrol/diesel subsidy.

27 Mar

Budget: Treasury considering new fleet-friendly capital allowances

Government pledges to work with leasing and rental industry to try and deliver more supportive capital allowances.

15 Mar

HMRC changes methodology to calculate advisory electricity rate

The way the advisory electricity rate (AER) is calculated has been changed in order to better reflect prices when it is reviewed quarterly, HMRC has confirmed.

30 Jan

HMRC: Van benefit charge and fuel benefit charges for cars and vans published

HMRC has increased the van benefit charge and the car and van fuel benefit charges by the consumer price index (CPI) from April 2023.

9 Dec

HMRC increases advisory electricity rate to 8ppm

HMRC has announced that the advisory electricity rate (AER) will increase from 5ppm to 8ppm from December 1.

advisory fuel rate 17 Nov

Government warned against raising BIK to claw back lost revenue

HMRC figures show company car decline, but industry confident salary sacrifice can halt slide.

8 Nov

BIK, rather than Covid, behind 10% decline in company car numbers

Ashley Barnett, head of fleet consultancy at Lex Autolease, believes high BIK, rather than Covid, behind decline in company car numbers.

electric fleet - benefit in kind 8 Nov

EV business drivers ‘shortchanged’ by up to 15p per mile

New research from Mina shows that, on average, charging from home costs 9p per mile compared to 20ppm for using a public charger.

4 Oct

Support for pay-as-you-drive tax to replace fuel duty and VED

Replacing fuel duty and vehicle excise duty (VED) with a pay-as-you-drive taxation scheme is opposed by fewer than one in five people (18%), a survey suggests.

3 Oct

Government ‘must’ keep vital tax incentives to maintain fleet EV momentum

BVRLA and AFP urge fleets to write to the new Chancellor urging him to keep BIK low.

3 Oct

HMRC - Page 2

Tax avoidance scheme warning from HMRC for fleets and drivers

HMRC won't appeal cash allowance ruling

Could you be due a NIC refund from HMRC?

Mileage rate leaves grey fleet drivers 'out of pocket'

Tax impact of electric vehicle uptake revealed in OBR report

HMRC loses cash allowance appeal | Ruling impacts grey fleet payments

HMRC data reveals dramatic decline in company car emissions

New HMRC data shows number of company car drivers and tax take

HMRC allows Mazda CX-60 PHEV into 8% BiK band

Vast majority of EV journeys cost more than the AER in Q1

Government slowing the transition to a greener transport system

Budget: Treasury considering new fleet-friendly capital allowances

HMRC changes methodology to calculate advisory electricity rate

HMRC: Van benefit charge and fuel benefit charges for cars and vans published

HMRC increases advisory electricity rate to 8ppm

Government warned against raising BIK to claw back lost revenue

BIK, rather than Covid, behind 10% decline in company car numbers

EV business drivers ‘shortchanged’ by up to 15p per mile

Support for pay-as-you-drive tax to replace fuel duty and VED

Government ‘must’ keep vital tax incentives to maintain fleet EV momentum

Most read

Group test: 400-mile EV winter range challenge

Traffic warning with gridlock predicted on major motorways

‘No grey area’ on private use for double cab pick-ups (video)

HMRC - Page 2

Tax avoidance scheme warning from HMRC for fleets and drivers

HMRC won't appeal cash allowance ruling

Could you be due a NIC refund from HMRC?

Mileage rate leaves grey fleet drivers 'out of pocket'

Tax impact of electric vehicle uptake revealed in OBR report

HMRC loses cash allowance appeal | Ruling impacts grey fleet payments

HMRC data reveals dramatic decline in company car emissions

New HMRC data shows number of company car drivers and tax take

HMRC allows Mazda CX-60 PHEV into 8% BiK band

Vast majority of EV journeys cost more than the AER in Q1

Government slowing the transition to a greener transport system

Budget: Treasury considering new fleet-friendly capital allowances

HMRC changes methodology to calculate advisory electricity rate

HMRC: Van benefit charge and fuel benefit charges for cars and vans published

HMRC increases advisory electricity rate to 8ppm

Government warned against raising BIK to claw back lost revenue

BIK, rather than Covid, behind 10% decline in company car numbers

EV business drivers ‘shortchanged’ by up to 15p per mile

Support for pay-as-you-drive tax to replace fuel duty and VED

Government ‘must’ keep vital tax incentives to maintain fleet EV momentum

Most read

Group test: 400-mile EV winter range challenge

Traffic warning with gridlock predicted on major motorways

‘No grey area’ on private use for double cab pick-ups (video)

EU electric vehicle market declines | Demand up 40% in China

GWM confirms pricing for Haval Jolion Pro SUV

Vauxhall Movano Hydrogen to go on sale in spring 2025

Opinion: Positive performance in new and used LCV market

Vauxhall Frontera first drive | Likeable and great value SUV

Renault 5 E-Tech first drive | The compact EV we've been waiting for