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Private fuel benefit help....

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Hi all,

i'm hoping someone can help me quickly as I've been offered a new role which comes with a fuel card which can be used for private fuel.

I current have a company car (Audi A5, Black Edition, 2013) and claim all my business mileage back via their online system and get reimbursed 19p per business mile.

I have just been offered a fuel card and i don't know if its worth it - I've had a look on HMRC and still confused - Starting read forums too staying i could claim tax back which didnt help...

Does anyone know if it would be beneficial and what the break even point would be?

My profile

Salary £56,000
Car as above with optional extra of folding wing mirrors
Health cover - about £500 BIK

Hopefully someone out there can help...

thanks in advance

:)

Comments

  • Caz3121
    Caz3121 Posts: 15,830 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    the private fuel will reduce your tax code by a certain amount, whether it is "worth it" will depend on how may personal miles you do
  • Thx Cas3121 -

    It just would be good if someone out there knew the approx costs + break even mileage

    P
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