HMRC cuts Advisory Electric Rate as new AFRs published
- 27 November 2023
HMRC has cut its Advisory Electric Rate for company car drivers used for claiming back charging costs from employers.
HMRC has cut its Advisory Electric Rate for company car drivers used for claiming back charging costs from employers.
Data released by Mina, a payment solution for EV charging, reveals the inadequacy of the Government Advisory Electricity Rate, which is set to be increased from 9 pence to 10 pence per
Fleets will be able to use an advisory fuel rate of 4 pence per mile for fully electric cars from September – but HMRC is yet to give an AFR for plug-in hybrids and