Company fuel card or not?

P16eno

Hi all,


I have recently started a new job where I receive a car cash allowance.


At the moment I am paying for fuel myself and the company reimburse me at the rate of 14p a mile. I believe at the end of the tax year I can claim tax relief on the difference between the 14p the company give me and the governments rate of 45p for the first 10,000 miles and a reduced rate thereafter?


My question is that the company have offered me a fuel card with which I can fill up and just pay them 14p a mile for my personal mileage which I must declare monthly. This sounds a better option as it leaves the money in my account but is it still possible to claim tax relief on the company miles I do and if so at what rate do the company declare the mileage I do for work?


Hope I've explained this okay


Regards


Pete