Fuel duty was frozen again.
Business mileage payments
HMRC sets an approved mileage allowance payment (AMAP) rate. This is the rate at which employers may reimburse business mileage tax-free.
The AMAP rate will remain at 45p for the first 10,000 miles per annum and 25p per mile for any excess.
The van benefit in kind charge will increased from £3,170 to £3,230 for 2017-8. The van benefit for zero emission vans will be 20% of the charge for conventionally fuelled vans for 2017-8. This will increase to 40% for 2018-9, 60% in 2019-20, 80% in 2010-1 and 90% 9on 2021-2. From 2022-3, the charge will be the same at that for conventionally fuelled vans.
The base figure for calculating the benefit where private fuel is provided alongside a company car will increase to £22,600 (from £22,200) with effect from 6 April 2017.
The van fuel benefit charge multiplier will be £610 (increased from £598) for 2017-8.