Apr 1, 2020 | P11D, Private Fuel
HRUX are pleased to announce that our annual P11D report is now ready. If you’d like a copy Contact Us. The latest stats available are based on the updated provisional numbers published for 2017/18; we won’t see the provisional 2018/19 stats for several months yet. It...
Sep 15, 2019 | Company Cars, Private Fuel
An effective tax rate of 310% on a benefit-in-kind? What could possible justify that – a Lamborghini? A helicopter? How about free private fuel in a diesel VW Passat…. The Government’s intentions with private fuel in a company car are clear – they’d like...
Oct 1, 2018 | Company Cars, Private Fuel
Been writing for a while now on my frustrations with high company car taxes. But why are they so high? Is HMG being very clever or extremely foolish? Interesting to look at taxes on private fuel in a company car – here’s one the Government did earlier…....
Jun 1, 2018 | Company Cars, P11D, Private Fuel
UK Gov gets blood from stone! The graph shows the total tax and NIC take from private fuel scale charge compared to the number of employees “enjoying” the benefit (the red line). The Exchequer has kept the tax and NIC above £300m per annum whilst the total number of...
Mar 1, 2018 | P11D, Private Fuel
Tax and employee benefits; FIVE things you might not have known! At £250bn (2015/26) PAYE represents approx. 50% of the UK’s total tax take, and its climbing. £3.9bn of this comes from forms P11D (up 5% on 2014/15). For comparison Inheritance Tax was only £5.1bn. So...
