Tax in West Midlands

Local tax in West Midlands. See also tax across the UK.

1 listing

HMRC advisory fuel rates

Tax · Birmingham, West Midlands

What are HMRC advisory fuel rates used for? To understand HMRC advisory fuel rates, a few factors should be taken in to consideration, such as: Fuel cost is a business expense if the travel is a work trip. Entities usually reimburse employees for a business expense so as long as no profit is made from a business expense, it is not subject to tax or Class 1A National Insurance fees. Therefore, companies can reduce the...

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