Tag: company car

Company directors often ask us whether buying a company car through the business is a good idea. And in view of the current feeling towards petrol and diesel cars, now is a good time to consider the benefits of electric vehicles. Benefits to the company of an electric company car

For the first time since 2011, the government has increased the approved mileage rate for employees using their own car for business travel. From 6 April 2026, the new rates are: First 10,000 business miles: 55p per mile (previously 45p) Over 10,000 business miles: 25p per mile (unchanged) The increase

HMRC released updated Advisory Fuel Rates (AFR) effective from 1 March 2026, and there are key changes you need to know to avoid unexpected tax hits. Staying aligned with these rates ensures that fuel reimbursements aren’t treated as taxable income, protecting both the business and the employee from unnecessary National