Fleet News

'Flat rate' companies stand to make biggest savings

EMPLOYERS paying flat rate fuel expenses to their drivers at the full Inland Revenue advisory rates look set to make the biggest savings if they switch to fuel cards and encourage drivers to fill up at cheaper petrol stations.

Castle Fuel Card executives say that for a typical mid-sized car, the Inland Revenue's top rates of 12p a mile for petrol and 9p for diesel equate to paying 90 pence per litre for fuel.

Head of fuel Teresa May said: 'That's about 15p per litre more than supermarket prices, or the equivalent of reimbursing drivers £9 over the odds for every tankful they use on business.

'Many fleets pay these rates and they could actually save thousands of pounds by switching to fuel cards and paying for fuel at actual cost.'

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