Fuel card and claiming tax relief
Discussion
Hi, Hopefully someone can assist as I've received different answers from HMRC on the phone.
I use my own personal car for work which my employer provides a fuel card for. Fuel card is only for business use and I'm careful to ensure no BIK implications for last 2 years. If fuel is used for personal use the company is reimbursed. I receive a car allowance which is taxed as normal salary.
Does anyone know if I'm able to claim tax relief up to 45p/25p. My business miles are approx 25k a year
An older post from 2013 suggests it is possible, is this still the case?
http://www.pistonheads.com/gassing/topic.asp?h=0&f=23&t=1294014&i=20
"IF you have a company car OR own car, and a fuel card for business mileage only - in this scenario, assuming you pay for all your petrol on the card, you would then have to reimburse your employer for your personal mileage spend (either an agreed set amount, or calculated from your mileage records). In this case, since you are paying your personal fuel there is no 'benefit in kind' and there's no additional tax for you to pay for having that fuel card. IF you have your own car you may be due a rebate since you will only be receiving the value of the business fuel and not the 45p HMRC rate for first 10k of business, which accommodates for maintenance etc."
Thanks
Mark
I use my own personal car for work which my employer provides a fuel card for. Fuel card is only for business use and I'm careful to ensure no BIK implications for last 2 years. If fuel is used for personal use the company is reimbursed. I receive a car allowance which is taxed as normal salary.
Does anyone know if I'm able to claim tax relief up to 45p/25p. My business miles are approx 25k a year
An older post from 2013 suggests it is possible, is this still the case?
http://www.pistonheads.com/gassing/topic.asp?h=0&f=23&t=1294014&i=20
"IF you have a company car OR own car, and a fuel card for business mileage only - in this scenario, assuming you pay for all your petrol on the card, you would then have to reimburse your employer for your personal mileage spend (either an agreed set amount, or calculated from your mileage records). In this case, since you are paying your personal fuel there is no 'benefit in kind' and there's no additional tax for you to pay for having that fuel card. IF you have your own car you may be due a rebate since you will only be receiving the value of the business fuel and not the 45p HMRC rate for first 10k of business, which accommodates for maintenance etc."
Thanks
Mark
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