ACFO has expressed concern over the latest AFR schedule and is seeking an urgent meeting with HMRC to discuss the new tariff and to seek clarification of how some of the figures have been derived.
The rates apply to claims from employees for reimbursement of costs of fuel for business journeys and also for clawing back private mileage costs from employees where all fuel is initially paid for by the employer (for example on a fuel card). The AFR system is intended to reduce administration by providing a set of advisory fuel reimbursement rates that are deemed tax-free.
ACFO’s concern is focussed on two major areas:
HMRC published the figures this week. An ACFO spokesman said: ‘Our members are already complaining that the new schedule will leave many company car drivers seriously out of pocket in terms of fuel for business mileage.
‘This is likely to cause concern - and significant HR and payroll administration - among employers who use the HMRC advisory rates. There is also a long-term concern by fleet managers that many individual tax offices ignore the ‘advisory’ nature of the schedule, and apply it rigidly irrespective of the flexibility which HMRC claims to be implicit in the structure of the arrangements.’
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