HMRC to soon announce big change that'll affect all drivers
Engines up to 1,400cc - 12 pence
Between 1,401cc and 2,000cc - 14 pence
Over 2,000cc - 22 pence
Diesel
Engines up to 1,600cc - 11 pence
Between 1,601cc and 2,000cc - 13 pence
Over 2,000cc - 17 pence
Liquified Petroleum Gas (LPG)
Engines up to 1,400cc - 11 pence
Between 1,401cc and 2,000cc - 13 pence
Over 2,000cc - 21 pence
Electric
All electric vehicles - seven pence
These rates only apply to employees using a company car. Use the rates when you either reimburse employees for business travel in their company cars or need employees to repay the cost of fuel used for private travel.
You must not use these rates in any other circumstances. HMRC says: "If the mileage rate you pay is no higher than the advisory fuel rates for the engine size and fuel type of the company car, there will be no taxable profit and no Class 1A National Insurance to pay.
"If your cars are more fuel efficient, or if the cost of business travel is higher than the guideline rates, you can use your own rates to reflect your situation.
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"If you pay rates that are higher than the advisory rates but cannot show that the fuel cost per mile is higher, there will be no fuel benefit charge if the mileage payments are only for business travel. Instead, you'll have to treat any excess as taxable profit and as earnings for Class 1 National Insurance purposes.
"There will be no fuel benefit charge if you correctly record all private travel mileage and use the correct rate (or higher), to work out how much your employees must repay you for fuel used for private travel.
"You will not need to use the advisory rates where you can show that employees cover the full cost of private fuel by repaying at a lower mileage rate."
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Scottish Sun
6 hours ago
- Scottish Sun
Are you due a tax refund? HMRC letters start hitting doormats but beware of scams
TAXING TIMES Are you due a tax refund? HMRC letters start hitting doormats but beware of scams Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) HMRC tax refund letters are landing on doormats across the UK – but Brits are being urged to watch out for fraudsters cashing in on the rush. Across Britain, thousands could be in line for a refund if they have overpaid income tax. Sign up for Scottish Sun newsletter Sign up 2 The companies, part of the British Retail Consortium, fear food price inflation could rocket to six per cent later this year Credit: Alamy But crooks are pouncing on the moment, sending convincing-looking emails, texts and even fake letters designed to trick people into handing over personal details. Officials have warned that genuine HMRC letters will explain clearly if money is owed, and refunds are normally paid directly into a bank account or sent as a cheque. More than eight million workers have previously received hundreds of pounds in overpaid tax back. A Freedom of Information (FOI) request by The Sun found that HMRC refunded a staggering £8.3billion in overpaid tax during 2022/23 — with the average worker pocketing £943. People are being urged to ignore any message that asks them to click a link, provide card details or transfer money. The warning comes as Chancellor Rachel Reeves faces fresh criticism that her new tax plans could make life even harder for struggling households. Some of Britain's biggest retailers – including Tesco, Sainsbury's, John Lewis, Boots and Morrisons – have written to the Treasury saying they cannot absorb any more costs. They say higher business rates, wage rises and new packaging rules have already added £7 billion in extra bills. The companies, part of the British Retail Consortium, fear food price inflation could rocket to six per cent later this year. They say families will be hit with soaring bills just as winter energy costs bite. In their letter, the firms told the Chancellor: 'As retailers, we have done everything we can to shield our customers from the worst inflationary pressures but as they persist, it is becoming more and more challenging for us to absorb the cost pressures we face.' They warned that promises made by Sir Keir Starmer's Labour government to deliver 'good jobs and higher living standards' were under threat if further tax hikes go ahead. Helen Dickinson, chief executive of the British Retail Consortium, said: 'Retailers have gone to extraordinary lengths to shield customers from rising costs, but government policy is making that harder by the day. "The chancellor must ensure a significant reduction to retail's rates burden and that no shop pays more at the upcoming autumn budget.' The letter has been signed by supermarket giants, high street chains and online sellers, with more expected to add their names in the coming days. They argue that piling extra taxes on the country's biggest shops will ultimately be passed on to shoppers. Meanwhile inflation has already jumped to 3.8 per cent – the highest in a year and a half. The rise was driven partly by food bills, which went up nearly five per cent. Experts warn this could make another cut in interest rates unlikely next month, bad news for homeowners with mortgages. What Does My Tax Code Mean? A Simple Guide to Your HMRC Letter The Treasury insisted it remains 'pro-business', pointing out that 380,000 jobs have been created since the start of the parliament. A spokesman said: 'Since the election, we have struck three major trade deals with the EU, US and India, business rates are being reformed and corporation tax is capped at 25 per cent.' Wrong tax code trap Anyone paid via PAYE is given a code by HMRC, passed on through their employer, and you'll see it on your payslip. This code dictates how much tax is taken from your wages – so if it's wrong, you could be losing money. Workers are often put on the wrong code if they change jobs or have more than one income. At the end of each tax year in April, HMRC sends out what are known as P800 letters, telling people if they've overpaid or underpaid. But you don't need to wait – you can check your code at any time online through your personal tax account, and if it looks wrong, contact HMRC directly. Even those who spot problems quickly can face delays. The taxman is often overwhelmed with demand and repayments can take weeks. Around 2.32million repayments were also made to people who filed self-assessment tax returns over the same period, totalling £5.2billion. HMRC will not reveal the total number of taxpayers who had overpaid for 2023/24 until May 2025. A word of warning: avoid companies that offer to 'find' your refund for a fee. They don't have a shortcut to HMRC – it's the same process you can do yourself, for free. How do I file a tax return? TO file a self assessment tax retun, you'll need to register with HMRC first, which will then issue you with a Unique Taxpayer Reference (UTR). You must register for self assessment by October 5 if you have to file a tax return and you have not sent one before. You can do so by visiting If you've previously registered and already have a UTR, you don't need to go through this step again. Once you've got your UTR, you can sign in via the "Self Assessment tax return" section of HMRC's website by visiting You can then file your self assessment tax return online. The deadline for sending a return online is January 31 every year. If you need a paper copy of the main Self Assessment tax return, call HMRC on 03000 200 3610 and request an SA100 form. The deadline for sending a return using a paper form is October 31 every year. You need to pay the tax you owe by midnight on January 31 each year. HMRC accepts your payment on the date you make it, not the date it reaches its account. File late and HMRC will issue you with a fine. Why I am in the wrong tax code? There are several reasons why you might be on the wrong tax code, including if you've started a new job and HMRC has not received your income details in time. You might also be on the wrong code if you've started working for an employer after being self-employed, or you're working more than one job at a time. If you are on the wrong code, the tax office will often put you on an emergency tax code until you contact them about changing it. Bear in mind, in some cases you might have been put on the wrong tax code and be underpaying and owe HMRC money. In any case, you'll want to correct it when you can so you're paying the right amount going forward. Sarah Coles, personal finance analyst at Hargreaves Lansdown, said: "It's a relatively straightforward process and this money is rightfully yours, so don't hang about – make a claim as soon as you can." How do I check my tax code? YOU can check your tax code on your personal tax account online, on any payslips or on the HMRC app. To log in, visit If you have one, you can also check it on a "Tax Code Notice" letter from HMRC. Bear in mind that you might need your Government Gateway ID and password to hand to log in. But if you don't have this you can use your National Insurance number or postcode and two of the following: A valid UK passport A UK photocard driving licence issued by the DVLA (or DVA in Northern Ireland) A payslip from the last three months or a P60 from your employer for the last tax year Details of a tax credit claim if you have made one Details from a self assessment tax return (in the last two years) if you made one Information held on your credit record if you have one (such as loans, credit cards or mortgages) Do you have a money problem that needs sorting? Get in touch by emailing money-sm@ Plus, you can join our Sun Money Chats and Tips Facebook group to share your tips and stories
Business News Wales
6 hours ago
- Business News Wales
HMRC Issues Scam Warning as Self Assessment Customers Targeted
Millions of Self Assessment customers are being urged by HM Revenue and Customs (HMRC) to remain vigilant to scams that claim to be from the department. Scammers often impersonate HMRC, offering fake refunds or demanding urgent payments to steal personal and banking information. They may say it's safe to share personal details. It's not. Passwords, usernames, and access codes are private and customers should never share them, even with someone they trust or who helps them with their tax. Filing early can also help customers spot scams more easily as those who have already submitted their tax return are less likely to be caught off guard by scam attempts closer to the Self Assessment 31 January 2026 deadline. Concerned customers reported more than 170,000 scam referrals to HMRC in the 12 months to 31 July 2025 — and while that is a 12% reduction compared to the previous year, more than 47,000 of these reports still involved fake tax refund claims. If someone receives a communication claiming to be from HMRC that asks for personal details or offers a tax rebate, they should check the official HMRC scams guidance to verify its authenticity. HMRC will never: leave voicemails threatening legal action or arrest ask for personal or financial information via text message or email contact customers by email, text, or phone to inform them about a refund or ask them to claim one. Anyone due a refund can claim it securely via their HMRC online account or via the free HMRC app. Kelly Paterson, HMRC's Chief Security Officer, said: 'Scammers target individuals when they know Self Assessment customers will be preparing to file their tax returns. We're urging everyone to stay alert to scam emails and texts offering fake tax refunds. 'Taking a moment to pause and check can make all the difference. Report any suspicious activity to us before the fraudsters do any more harm. Search 'HMRC scams advice' and refer to the scams guidance on to stay informed and protect yourself.' Customers can report phishing attempts to HMRC by: forwarding emails to phishing@ reporting scam phone calls via forwarding suspicious texts to 60599
The Sun
6 hours ago
- The Sun
Are you due a tax refund? HMRC letters start hitting doormats but beware of scams
HMRC tax refund letters are landing on doormats across the UK – but Brits are being urged to watch out for fraudsters cashing in on the rush. Across Britain, thousands could be in line for a refund if they have overpaid income tax. 2 But crooks are pouncing on the moment, sending convincing-looking emails, texts and even fake letters designed to trick people into handing over personal details. Officials have warned that genuine HMRC letters will explain clearly if money is owed, and refunds are normally paid directly into a bank account or sent as a cheque. More than eight million workers have previously received hundreds of pounds in overpaid tax back. A Freedom of Information (FOI) request by The Sun found that HMRC refunded a staggering £8.3billion in overpaid tax during 2022/23 — with the average worker pocketing £943. People are being urged to ignore any message that asks them to click a link, provide card details or transfer money. The warning comes as Chancellor Rachel Reeves faces fresh criticism that her new tax plans could make life even harder for struggling households. Some of Britain's biggest retailers – including Tesco, Sainsbury's, John Lewis, Boots and Morrisons – have written to the Treasury saying they cannot absorb any more costs. They say higher business rates, wage rises and new packaging rules have already added £7 billion in extra bills. The companies, part of the British Retail Consortium, fear food price inflation could rocket to six per cent later this year. They say families will be hit with soaring bills just as winter energy costs bite. In their letter, the firms told the Chancellor: 'As retailers, we have done everything we can to shield our customers from the worst inflationary pressures but as they persist, it is becoming more and more challenging for us to absorb the cost pressures we face.' They warned that promises made by Sir Keir Starmer's Labour government to deliver 'good jobs and higher living standards' were under threat if further tax hikes go ahead. Helen Dickinson, chief executive of the British Retail Consortium, said: 'Retailers have gone to extraordinary lengths to shield customers from rising costs, but government policy is making that harder by the day. "The chancellor must ensure a significant reduction to retail's rates burden and that no shop pays more at the upcoming autumn budget.' The letter has been signed by supermarket giants, high street chains and online sellers, with more expected to add their names in the coming days. They argue that piling extra taxes on the country's biggest shops will ultimately be passed on to shoppers. Meanwhile inflation has already jumped to 3.8 per cent – the highest in a year and a half. The rise was driven partly by food bills, which went up nearly five per cent. Experts warn this could make another cut in interest rates unlikely next month, bad news for homeowners with mortgages. What Does My Tax Code Mean? A Simple Guide to Your HMRC Letter The Treasury insisted it remains 'pro-business', pointing out that 380,000 jobs have been created since the start of the parliament. A spokesman said: 'Since the election, we have struck three major trade deals with the EU, US and India, business rates are being reformed and corporation tax is capped at 25 per cent.' Wrong tax code trap Anyone paid via PAYE is given a code by HMRC, passed on through their employer, and you'll see it on your payslip. This code dictates how much tax is taken from your wages – so if it's wrong, you could be losing money. Workers are often put on the wrong code if they change jobs or have more than one income. At the end of each tax year in April, HMRC sends out what are known as P800 letters, telling people if they've overpaid or underpaid. But you don't need to wait – you can check your code at any time online through your personal tax account, and if it looks wrong, contact HMRC directly. Even those who spot problems quickly can face delays. The taxman is often overwhelmed with demand and repayments can take weeks. Around 2.32million repayments were also made to people who filed self-assessment tax returns over the same period, totalling £5.2billion. HMRC will not reveal the total number of taxpayers who had overpaid for 2023/24 until May 2025. A word of warning: avoid companies that offer to 'find' your refund for a fee. They don't have a shortcut to HMRC – it's the same process you can do yourself, for free. How do I file a tax return? TO file a self assessment tax retun, you'll need to register with HMRC first, which will then issue you with a Unique Taxpayer Reference (UTR). You must register for self assessment by October 5 if you have to file a tax return and you have not sent one before. You can do so by visiting If you've previously registered and already have a UTR, you don't need to go through this step again. Once you've got your UTR, you can sign in via the "Self Assessment tax return" section of HMRC's website by visiting You can then file your self assessment tax return online. The deadline for sending a return online is January 31 every year. If you need a paper copy of the main Self Assessment tax return, call HMRC on 03000 200 3610 and request an SA100 form. The deadline for sending a return using a paper form is October 31 every year. You need to pay the tax you owe by midnight on January 31 each year. HMRC accepts your payment on the date you make it, not the date it reaches its account. File late and HMRC will issue you with a fine. Why I am in the wrong tax code? There are several reasons why you might be on the wrong tax code, including if you've started a new job and HMRC has not received your income details in time. You might also be on the wrong code if you've started working for an employer after being self-employed, or you're working more than one job at a time. If you are on the wrong code, the tax office will often put you on an emergency tax code until you contact them about changing it. Bear in mind, in some cases you might have been put on the wrong tax code and be underpaying and owe HMRC money. In any case, you'll want to correct it when you can so you're paying the right amount going forward. Sarah Coles, personal finance analyst at Hargreaves Lansdown, said: "It's a relatively straightforward process and this money is rightfully yours, so don't hang about – make a claim as soon as you can." How do I check my tax code? YOU can check your tax code on your personal tax account online, on any payslips or on the HMRC app. To log in, visit If you have one, you can also check it on a "Tax Code Notice" letter from HMRC. Bear in mind that you might need your Government Gateway ID and password to hand to log in. But if you don't have this you can use your National Insurance number or postcode and two of the following: A valid UK passport A UK photocard driving licence issued by the DVLA (or DVA in Northern Ireland) A payslip from the last three months or a P60 from your employer for the last tax year Details of a tax credit claim if you have made one Details from a self assessment tax return (in the last two years) if you made one Information held on your credit record if you have one (such as loans, credit cards or mortgages) Do you have a money problem that needs sorting? Get in touch by emailing money-sm@ 2
