Fuel card benefits......?

[Chris Peacock]

I am about to gain a fuel card at my place of work.


According to my gaffer we can fill up at Tesco, Morrisons, BP etc,


Just wondered what site will give me the most benefit as I have a nectar card, clubcard and a Morrisons miles card.....


If it makes any difference, the guys on the firm do around £100 on diesel a week in each van...(7 vans in total, mine included)


Any input is a great help.....over to PH

[Defcon5]

Our fuel cards have 'NO LOYALTY POINTS' written on them

[Dave Hedgehog]

Defcon5 said:

Our fuel cards have 'NO LOYALTY POINTS' written on them

miserable bds...

[XDA]

I have a fuel card and I collect Shell loyalty points. I usually get a £10 money off voucher every few months. (I do about 1000 miles per week).

[Pints]

Defcon5 said:

Our fuel cards have 'NO LOYALTY POINTS' written on them

Fuel up at Sainsburys. You swipe your Nectar card before you hand over your method of payment.

[XDA]

Dave Hedgehog said:

Defcon5 said:

Our fuel cards have 'NO LOYALTY POINTS' written on them

miserable bds...

Is it enforceable though? Can't see how they can stop you collecting loyalty points?

[cossy400]

We ve just been given new BP cards at work, to replace the old ones but now if you hand over your nectar card its doesnt load the points on.

But im not sure if the girls swipe it before or after swiping the payment card.

Will be fueling up tom so will investigate

[Starfighter]

Had an Arval fuel card and never had a problem collecting points at Tesco, BP, Shell or Sainsbury.

The cards do not work on the pre-pay pumps so you have to go to the counter and cannot use some of the unmanned places.

[mikejg]

i have arval and use morrisons as its nearest. they are all pretty crap to be honest thou

[rob.e]

XDA said:

I have a fuel card and I collect Shell loyalty points. I usually get a £10 money off voucher every few months. (I do about 1000 miles per week).

Yep, me too. Works out between 10 and 12 quid every few months.

We don't have any restriction on where we can fill up luckily, so Shell vpower every time for me. I also have a nectar car for those occasions when i need to fill up and i can't find a Shell. Best bet is to have all of the loyalty cards just in case IMO.

[750turbo]

Chris Peacock said:

I am about to gain a fuel card at my place of work.


According to my gaffer we can fill up at Tesco, Morrisons, BP etc,


Just wondered what site will give me the most benefit as I have a nectar card, clubcard and a Morrisons miles card.....


If it makes any difference, the guys on the firm do around £100 on diesel a week in each van...(7 vans in total, mine included)


Any input is a great help.....over to PH

One thing to watch... Is it also for private fuel? If so HMRC will be interested and adjust your tax code accordingly!

A lot of work colleagues have ditched their's in favour of paying company mileage and claiming expenses, paying for their own personal fuel.

[C8PPO]

750turbo said:

One thing to watch... Is it also for private fuel? If so HMRC will be interested and adjust your tax code accordingly!

A lot of work colleagues have ditched their's in favour of paying company mileage and claiming expenses, paying for their own personal fuel.

You need to acquaint yourself with the income tax rules for maximum -fully-legit personal benefit

[750turbo]

C8PPO said:

You need to acquaint yourself with the income tax rules for maximum -fully-legit personal benefit

Do tell please

(I have googled....with no immediate success)

[VR6 Turbo]

tesco only give you half points on fuel, I found out the over day.

VR

[C8PPO]

750turbo said:

C8PPO said:

You need to acquaint yourself with the income tax rules for maximum -fully-legit personal benefit

Do tell please

(I have googled....with no immediate success)

If you have a fuel card which covers all your fuel (private & business) you will receive a BIK bill via your P11D based on the amount of money you spent on that fuel card - all of it. However, you incurred some of that fuel/cost on business mileage. This can be offset against your BIK *providing* you can produce detailed records of each business journey (not difficult).

When you complete your tax return, you multiply the number of business miles by the HMRC rate (was 40p for a long time, just gone up to 45p; I think there's a 10k limit but I never hit that on my business mileage). This gives you a figure in pounds & pence. This is entered in Section 17 of the Employment pages on your tax return, under "Employment Expenses".

Clearly the figures will be different for everyone, but mine generate a 4-figure tax REBATE every year. It seems not to be a widely-known claim, as I have had to explain this to several colleagues.

This being PH, there will be someone along shortly to question my intelligence and integrity; all I can offer in return is that I spoke to someone at HMRC direct (not an agent, not a thrid party) to check and question this; not only did the lady I spoke to know exactly what I meant, and explain it in some detail, she also told me where and how to complete the entries on my tax return. I've been doing this for some years now and get a rebate every time.

[Super Injunction]

C8PPO said:

If you have a fuel card which covers all your fuel (private & business) you will receive a BIK bill via your P11D based on the amount of money you spent on that fuel card - all of it. However, you incurred some of that fuel/cost on business mileage. This can be offset against your BIK *providing* you can produce detailed records of each business journey (not difficult).

When you complete your tax return, you multiply the number of business miles by the HMRC rate (was 40p for a long time, just gone up to 45p; I think there's a 10k limit but I never hit that on my business mileage). This gives you a figure in pounds & pence. This is entered in Section 17 of the Employment pages on your tax return, under "Employment Expenses".

Clearly the figures will be different for everyone, but mine generate a 4-figure tax REBATE every year. It seems not to be a widely-known claim, as I have had to explain this to several colleagues.

This being PH, there will be someone along shortly to question my intelligence and integrity; all I can offer in return is that I spoke to someone at HMRC direct (not an agent, not a thrid party) to check and question this; not only did the lady I spoke to know exactly what I meant, and explain it in some detail, she also told me where and how to complete the entries on my tax return. I've been doing this for some years now and get a rebate every time.

I have to admit I've never heard that before. From my experience my 'free' fuel card is valued at a benefit level of £18,800 and you pay tax on this according to emissions and your personal tax level. I certainly don't get taxed on the total amount of fuel used - of to investigate now to see of I can save some money

[Deva Link]

Super Injunction said:

I have to admit I've never heard that before.

It's not relevant, that's why. They're the rules for people running their own cars, who have a fuel card. A very unusual situation.

You might be better opting out of private fuel if your employer will allow it. But then the mileage rates are different - you use the fuel only rates.


And the OP has a works van, so it's not relevant to him, either.

[C8PPO]

Deva Link said:

It's not relevant, that's why. They're the rules for people running their own cars, who have a fuel card. A very unusual situation.

Ah yes, I didn't mention that but you're absolutely correct. Sorry, I commented about car allowance levels on another thread earlier and didn't translate across.