ADVISORY FUEL RATE FOR COMPANY CARS

ADVISORY FUEL RATE FOR COMPANY CARS

These are the suggested reimbursement rates for employees’ private mileage using their company car from 1 June 2018.

Where there has been a change the previous rate is shown in brackets.

Note that for hybrid cars use the equivalent petrol or diesel scale charge. However, it may be more beneficial to compute the actual cost.

You can continue to use the previous rates for up to 1 month from the date the new rates apply

June / July 2018 Important dates

Date	What’s Due
1/06	Corporation tax for year to 31/8/17 (unless pay quarterly)
19/06	PAYE & NIC deductions, and CIS return and tax, for month to 5/6/18 (due 22/06 if you pay electronically)
1/07	Corporation tax for year to 30/9/17 (unless pay quarterly)
5/07	Last date for agreeing PAYE settlement agreements for 2017/18 employee benefits
5/07	Deadline for agents and tenants to submit returns of rent paid to non-resident landlords and tax deducted for 2017/18
06/07	Deadline for forms P11D and P11D(b) for 2017/18 tax year
19/07	PAYE & NIC deductions, and CIS return and tax, for month to 5/7/18 (due 22/07 if you pay electronically)
31/7	50% payment on account of 2018/19 tax liability due

Date	What’s Due
01/05	Corporation tax payment for year to 31/07/17 (unless quarterly instalments apply)
19/5	PAYE & NIC deductions, and CIS return and tax, for month to 5/05/18 (due 22/05 if you pay electronically)
01/06	Corporation tax payment for year to 31/08/17 (unless quarterly instalments apply)
19/6	PAYE & NIC deductions, and CIS return and tax, for month to 5/06/18 (due 22/06 if you pay electronically)