Fuel Benefit in Kind
I think I know this but would welcome opinions.
If an employee uses his own car for business mileage and is provided with a fuel card for both business and private fuel the total amount spent on the card will be entered on his P11d. ?
He can then claim the 45/25p per mile for business miles.
First time I have had someone with fuel benefit but no company car.
Thank you
If an employee uses his own car for business mileage and is provided with a fuel card for both business and private fuel the total amount spent on the card will be entered on his P11d. ?
He can then claim the 45/25p per mile for business miles.
First time I have had someone with fuel benefit but no company car.
Thank you
0
Comments
-
OK this has been confirmed by the AAT advisory tax line. This is the correct method.
1
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.5K For AAT students
- 322 NEW! Qualifications 2022
- 159 General Qualifications 2022 discussion
- 11 AAT Level 2 Certificate in Accounting
- 56 AAT Level 3 Diploma in Accounting
- 93 AAT Level 4 Diploma in Professional Accounting
- 8.8K For accounting professionals
- 23 coronavirus (Covid-19)
- 273 VAT
- 92 Software
- 274 Tax
- 138 Bookkeeping
- 7.2K General accounting discussion
- 201 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 582 Job postings
- 16 Who can benefit from AAT?
- 36 Where can AAT take me?
- 42 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 66 AAT membership