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Mostly 84-86p in Southampton five miles down the road, so it's a bit of an anomaly.
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I didn't think that was exceptionally high now. A penny or so less than that seems fairly typical in Leicester and I'm sure I've seen two or three pence per litre more than that in Rutland.
Most places i've been past recently (Shropshire, Staffordshire, Cheshire and north wales have all been around 86.9 for diesel and a couple of pence less for petrol.
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The price of fuel is getting ridiculols.
But us fickle brits will do nothing about it.
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Diesel is 88.9 in Leeds at the moment.
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I was in France a few years ago at the time of their fuel blockades. They really know how to do it -- instant climb-down by government. Our bunch are well-intenioned but amateur.
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I didn't check the price, but did put £50.01 of diesel in the Cavalier this afternoon.
--
I read often, only post occasionally
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Unleaded was nearly £1/litre in Stornoway when I was there 2 weeks ago. Diesel probably is > £1 already. I will find out when I'm back there this week!
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Last time I filled up it was £97.9, and diesel was £99.9. I do live in the Highlands, however.
I'll have to check back again to see if I can improve on that!
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89.9 in Liverpool for Unleaded. Diesel just over 90p (can't remember the exact figure).
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Adam
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Tyro - that is expensive do you mean 97.9p? ;-)
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and I thought we were paying alot here... 83.9p. I guess its not so bad after all!
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Tyro - that is expensive do you mean 97.9p? ;-)
Whoops. Yes, I do.
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I was pleasantly surprised to fill up today at 84.9 for diesel (80.9 unleaded) at Shorehead Sainsburys (Huddersfield).
Filled up on Saturday at 89.9 in Tadley, nr Reading, so a 5p per litre saving equals a good couple of quid.
Now looking forward to receiving my fuel card when I start my new job tomorrow.....
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Both Sainsbury's and Esso, (near South Marston in Swindon) were 81.9 p/l for unleaded on Saturday.
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You DO NOT want a fuel card if it's a company car.
If it's your own car you're running, then YES, you DO want a fuel card.
Totally different taxation regimes.
If it's a Company Car and they try to hand you a fuel card, keep your hands in your pockets!
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LongDriver, would you be so kind as to find a few minutes to explain that advice, as SWMBO has a fuel card for a company car.
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Fuel cards and taxation:
Some examples:
Fuel card provided by employer for use in car YOU own: tax liability is for private mileage only - you are taxed on proportion of fuel used for private mileage (eg 40000 miles total mileage, 10,000 of which are private miles, £4000 fuel purchased = tax payable on 1/4 of fuel = 22%(or 40%) of 1/4 of £4000 = £220 (or £400) per year. Other proportions pro-rata.
Fuel card provided by employer for COMPANY car: Tax payable is typically £665 per year at 22% tax rate or £1209 at 40%, which equates to about 9300 PRIVATE miles per year or 22000 if you're in 40% band, assuming 30 miles/gallon. ie if you do less private miles than this, you DO NOT want a fuel card!!!
Fuel for business miles ONLY reimbursed by employer for COMPANY car: Tax payable on fuel is £NIL. However, IF you have a fuel card, you will pay £665 or £1209 per year in tax, unless you can prove that you actually pay your employer for the private fuel you use. (figures apply to 1400-2000cc petrol car in this example).
No fuel card = no tax liability, unless you claim for ALL fuel purchased. IF you claim for ALL fuel purchased, you will be liable for the same amount of tax as if you had a fuel card (£665 or £1209 typically).
Fuel for business mileage reimbursed for PRIVATE car at 40p/mile for first 10,000 BUSINESS miles and 25p/mile thereafter. NO TAX PAYABLE,NO TAX RELEIF CLAIMABLE.
Fuel for business mileage reimbursed for PRIVATE car at 10p/mile for first 10,000 BUSINESS miles and 10p/mile thereafter. NO TAX PAYABLE,TAX RELIEF CLAIMABLE AT 22%(or 40%) of 30p(40-10) for first 10,000 miles and 22%(or 40%) of 15p(25p-10p) thereafter. If private mileage is reimburse, you will be liable to tax in the same proportions.
There are a few(!) more combinations other than those above, however these are the most typical ones.
One point to note: If you work in a permanent location, your journeys to and from work are PRIVATE mileage. If you work in a temporary location for less than 2 years (except where the period is reduced due to you leaving the employment etc), the journeys to and from work are normally classed as BUSINESS mileage. Usefull for tax purposes!!!
I'm sure someone will correct me if I'm wrong on any of this
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>>If it's a Company Car and they try to hand you a fuel card, keep your hands in your pockets!
Last time I looked at this it worked out that if you did more than 17,000 PRIVATE miles per year then it was worthwhile. Below that the tax was more than the benefit.
Business miles being claimable whatever route is chosen.
That was a while ago, so it may have changed or your circumstances may be different.
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Last time I looked at this it worked out that if you did more than 17,000 PRIVATE miles per year then it was worthwhile. Below that the tax was more than the benefit.
Does that figure depend on your car's fuel consumption, or do you get the same mileage threshold for a Yaris diesel as for a Jaguar V8?
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I don't entirely remember.
I was working out whether or not I should have a company car, if I did whether or not it should be a diesel, and whether or not I should have a fuel card.
Had I got the company car it have been my intention to have an E320 petrol.
Having a company car only makes sense if you are;
a) doing a whole bunch of private miles which is causing your car to deteriorate rapidly. Since if you have your own car you cannot claim this depreciation from anywhere, but if you have a company car then wear and tear is not your problem. A long commute would be an excellent example - if you travelled 150 miels per day that would be around 30,000 miles a year. You can't claim it form anywhere so you need to be doing it in someone else's car. (business miles are not partic. relevant except at an extrememe since they can be claimed for).
or
b) comparing it against buying your own, brand new (not preregistered, not demo, not anything) vehicle every two years and servicing it by the book, insuring it and taxing it yourself and assuming that nothing of note went wrong.
At that it came out just about a wash whichever you chose.
Having a fuel car meant that you needed to be doing even more in a).
If you compared it against buying your own 1 year old car, keeping it for 3 years and then swapping it, then there was absolutely no contest.
IMO, having a company car is only worthwhile if a) is true. Anything other than that, and its an emotional decision. Not that there's anythign wrong with that, but it is an emotional decision and probably not the smartest financial one you will make.
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Mark wrote: 'but it is an emotional decision and probably not the smartest financial one you will make.'
ANY running of an even remotely new car by an individual is an emotional decision, not a financial decision!
The 17k miles will depend on the size of car 7 your driving style. Some time ago, one of the Big Four had a free cash or car calculator on its website. PwC, E&Y or KPMG. Deloitte had one that you had to pay for. It appeared somewhere in this discussion forum.
The only sensible form of company car is a company van with free fuel. Something without windows behind the driver's seat. They've put the tax up on these a lot, but they still make good sense. So a Landrover hardtop. Isuzu make something similar. Or a pickup. I don't know what the current advice from the Inland Revenue is as to whether a twincab pickup is a van or a car. HXJ may know?
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I didn't think that was exceptionally high now...
Yes it is! Subtract about 10p for typical prices. Sorry about that: a consequence of late night posting.
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