HM Revenue & Customs (HMRC) has officially confirmed it will appeal a landmark tax tribunal ruling that would cut the VAT rate for public charging to 5%.
HMRC has cut the Advisory Electric Rate (AER) mileage reimbursement rate for home charging as it also publishes Advisory Fuel Rates (AFRs) for the new quarter.
Fleets should consider gathering evidence to support the introduction of a third advisory electricity rate (AER) for fleet use of rapid chargers, FleetCheck is suggesting.
HMRC has cut its Advisory Electric Rate for company car drivers used for claiming back charging costs from employers.
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
Fleet decision-makers and the wider fleet industry are being urged to sign an online petition demanding HMRC publishes Advisory Fuel Rates for plug-in cars.
Company car mileage reimbursement rates for plug-in cars have not made it to the latest HMRC Advisory Fuel Rates despite calls from the fleet industry.