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| Biography | What are HMRC advisory fuel rates used for? To understand HMRC advisory fuel rates, a few factors should be taken in to consideration, such as: Fuel cost is a business expense if the travel is a work trip. Entities usually reimburse employees for a business expense so as long as no profit is made from a business expense, it is not subject to tax or Class 1A National Insurance fees. Therefore, companies can reduce their tax and insurance bills significantly when they recognise and reimburse fue |
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