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Advisory fuel rates

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HMRC has published revised advisory fuel rates for company cars. The new rates apply from 1 June 2020 (although, until 30 June, employers can use the rates from the previous three-month period, if they choose to do so). The rates are to be used only where employers either reimburse employees for business travel in their company cars or require employees to repay the cost of fuel used for private travel.

Issue: 1488
Categories: News
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