The Chartered Institute of Payroll Professionals ……………………………………………………………Policy News Journal
It also means that if your employees use the online service, as an employer you should get fewer enquiries. Your employees can see the tax code changes they make online to their company car and these are made in real time, which means they’re less likely to approach their HR or payroll departments. Some employers are now working with HMRC to promote the company car service to their employees. You can contact HMRC by email if you are also interested in a wider promotion of Personal Tax Accounts with your employees.
The check or update your company car tax service isn’t available to employees who are part of a car averaging scheme or who have their benefits taxed through their company payroll (payrolling).
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Advisory Fuel Rates for Company Cars from 1 June 2016 27 May 2016
HMRC has issued details of the latest Advisory Fuel Rates for Company Cars.
For one month from the date of change, employers may use either the previous or new current rates, as they choose. Employers may therefore make or require supplementary payments if they so wish, but are under no obligation to do either.
The new rates are below (previous rate in brackets where there is a change):
Engine size
Petrol
LPG
1400cc or less
10p
7p
1401cc to 2000cc
13p (12p)
9p (8p)
Over 2000cc
20p (19p)
13p
Engine size
Diesel
1600cc or less
9p (8p)
1601cc to 2000cc
10p
Over 2000cc
12p (11p)
Hybrid cars are treated as either petrol or diesel cars for this purpose.
Follow this link for details on how the rates are calculated
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Advisory Fuel Rates for Company Cars from 1 September 2016 26 August 2016
HMRC has issued details of the latest Advisory Fuel Rates for Company Cars.
For one month from the date of change, employers may use either the previous or new current rates, as they choose. Employers may therefore make or require supplementary payments if they so wish, but are under no obligation to do either.
The new rates are below (previous rate in brackets where there is a change):
Engine size
Petrol
LPG
1400cc or less
11p (10p)
7p
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