The new HMRC advisory fuel rates

HM Revenue & Customs recently announced changes to the fuel only advisory rates for employee private mileage reimbursement or employer reimbursement of business mileage.

The rates apply to all journeys made on or after 1 July 2006.

To view the new rates, click here.

A host of tax and financial planning strategies can be found in our 2006/07 Financial Planning Guide.