Issues involving mileage allowance |
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| By Larry Reid |
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| The problem that exist with paying a mileage allowance, as
many employers will tell you is that you always end up
suspecting you are paying too much. Many people use the
figures published by H M Revenue & Customs to determine
their rates of reimbursement. Now bear in mind that the
Exchequer gives nothing away and it is prepared to treat
these sums as tax free. Surely, that emphasises that the
amounts being paid as a mileage allowance are hardly over
generous. However, you can often feel that you are paying
too much and have little control over these expenses. There
is always a suspicion that too many miles are being claimed
for and unnecessary journeys being made. The way to remove the worry and suspicion is to issue your company drivers with a fleet fuel card. This way, you can see from day to day who is spending what on fuel and speak to people immediately if there is cause for concern. Using fuel cards also means that your staff don’t have to suffer cash flow problems and that you can fix the price you pay for fuel on a weekly basis which is of huge assistance when budgeting. At Fuelcards.com, we are based in the UK but able to supply fuel cards for the whole of Europe including the Republic of Ireland. A European fuel card can easily save you ten pence per litre which can quickly become hundreds and even thousands of pounds when multiplied by the number of litres your trucks, vans and car consume weekly. However, fuel cards are not just for large companies. They can also be used by self employed individuals. In short nobody is too big or small to benefit from fuel cards. Fuel cards can be used at hundreds of petrol stations across the continent. |
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