The Chartered Institute of Payroll Professionals
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• details of any underpaid tax and other debts such as tax credits or class 2 National Insurance contributions collected through their tax code.
HMRC will continue to provide important reminders to customers and agents, this includes our latest warning to self assessment customers to look out for scam texts, emails and phone calls from fraudsters.
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Electric charging of company cars and vans at residential properties Published: 16 November 2023 Emailed: 22 November 2023 HM Revenue and Customs (HMRC) has published amended guidance in the Employment Income Manual (EIM23900) and introduced new guidance in the National Insurance Manual (NIM06440) about a change in home charging of electric vehicles. Section 239 of the Income Tax (Earning and Pensions) Act 2003 (ITEPA 2003) provides an exemption on payments and benefits provided in connection with company cars and vans. This legislative provision therefore exempts aspects such as vehicle repairs, insurance and vehicle excise duty. HMRC previously stated that the reimbursement of costs in relation to charging a company car or van at a residential property was not caught by this exemption, and in turn, resulted in a benefit in kind (BiK). However, following a review, HMRC now accepts reimbursing part of a domestic energy bill, which is used to charge a company car or van, will fall within the exemption provided by section 239 of the ITEPA 2003.
This means that no BiK will arise where an employer reimburses the employee for the cost of electricity to charge their company car or van at home.
The exemption will only apply if it can be demonstrated that the electricity was used to charge the company car or van. Employers will need to make sure that any reimbursement made towards the cost of electricity relates solely to the charging of the employees company car or van.
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Advisory fuel rates to be used from 1 December 2023 Published: 29 November 2023 Emailed: 6 December 2023
HM Revenue and Customs (HMRC) has released the advisory fuel rates to be used from 1 December 2023. You can use the previous rates for up to one month after the new rates apply.
The fully electric car advisory rate is 9 pence per mile. This will also now be reviewed quarterly along with the other advisory fuel rates.
Engine size
Petrol — rate per mile
LPG — rate per mile
1400cc or less
14 pence 16 pence 26 pence
10 pence 12 pence 18 pence
1401cc to 2000cc
Over 2000cc
Engine size
Diesel — rate per mile
1600cc or less
13 pence 15 pence 20 pence
1601cc to 2000cc
Over 2000cc
Hybrid cars should be treated as petrol or diesel for the purposes of these rates.
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