Avoiding a Fuel Scale Charge
November 7th, 2011
Avoiding a Fuel Scale Charge
Where Company employees & directors make private trips in a company car & do not re-imburse the company, it has to pay tax & NI on the costs of the fuel used at quite a prohibitive rate depending on the Car’s CO2 emissions. The Costs can amount to over £1 a mile. This is then rechargeable to the employee or director. To avoid this entirely the company should have a policy where employees & directors are required to re-imburse the Company for the actual costs of the fuel used & that it is in fact adhered to by re-imbursement within 30 days of the date of the private travel.
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