The Chartered Institute of Payroll Professionals ……………………………………………………………Policy News Journal
Over 2000cc
21p (20p)
13p
Engine size
Diesel
1600cc or less
9p
1601cc to 2000cc
11p
Over 2000cc 13p 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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Payrolling Benefits in Kind: Car data guidance 1 February 2017
Reporting of car data on the Full Payment Submission will be voluntary for tax year 2017-18 and mandatory from April 2018. Guidance for software developers is now available.
Issue 63 of the Employer Bulletin confirmed that reporting of car data on the Full Payment Submission will be voluntary for tax year 2017-18 and mandatory from April 2018.
HMRC’s Software Developers Support Team (SDST) has provided guidance for software developers on reporting car data - Payrolling BiKs: Software Developers car data guidance V1 .
Guidance will be provided for employers on GOV.UK in the coming weeks.
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Payrolling Benefits in Kind – revised car data guidance 16 February 2017
Following feedback, the software developer guidance on reporting car data in the FPS has been revised.
Since the publication on 1 February of guidance for software developers on reporting car data, HMRC’s SDS Team has received feedback and revised the guidance accordingly.
The latest version of the Payrolling BiKs: Software Developers car data guidance V1.1 includes a summary of what has been changed from version 1.0.
Employer guidance will be provided on GOV.UK in the coming weeks
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Advisory Fuel Rates for Company Cars from 1 March 2017 24 February 2017
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):
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