HMRC Fleetmiles mileage expenses systemThe Government is being urged to adopt a fairer, more transparent tax relief system to accommodate new HMRC lease accounting rules.

The changes, which take effect from January 1, 2019, will mean leased assets (including vehicles on operating leases) are brought on to companies’ balance sheets. They are being introduced by the International Accounting Standards Board (IASB) with the aim of giving a more complete picture of a company’s financial position.

Full story http://bit.ly/2h5xtbX

Mileage expenses causing you headaches? Put Fleetmiles to the test in your business today. Call 01420 544514