A West Yorkshire mechanic who stole more than £300,000 in VAT payments has been jailed after attempting to justify the fraud by telling HM Revenue and Customs (HMRC) that he was ‘no accountant’.
The number of people receiving so-called ‘free’ fuel has almost halved since 2007/08, HMRC figures suggest.
HMRC figures reveal the number of grey fleet drivers being paid more than the Government-approved mileage rate has more than halved.
The number of employees paying company car tax has increased for the first time in 10 years, newly-released figures suggest.
More than 100,000 people have used a HM Revenue and Customs (HMRC) online service, to ensure that their car benefit and car fuel benefit is correct.
HMRC has revised its advisory fuel rates (AFRs) upwards, to take effect from next week.
Company car drivers may be waking up to an unexpected tax bill in the next few weeks when they receive their first payslip of the new financial year.
HMRC has published its latest advisory fuel rates (AFRs) to take effect from March 1.
FuelGenie is offering tips to help businesses avoid being fined up to £3,000 per annum per employee for an incorrect tax return due to inadequate mileage records.
The BVRLA is urging the Government to stick to its promise of delivering a simpler, fairer company car tax regime and incentivising the uptake of ULEVs.
Consecutive Budgets and Autumn Statements have included a warning about the popularity of salary sacrifice schemes and their impact on Government tax take.
HMRC has updated its advisory fuel rates (AFRs) for the next quarter from December 1, 2015, with the rate for larger petrol engines being reduced.
Number of drivers paying BIK remains at 940,000, according to latest HMRC data
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