How to Claim Fuel Card Costs as a Business Expense
To claim fuel card costs as a business expense, the fuel must be used for business purposes and supported by proper records, such as fuel card invoices, transaction reports and mileage details. VAT-registered businesses may also be able to reclaim VAT on eligible business fuel, while non-VAT-registered sole traders, partnerships and limited companies cannot reclaim VAT separately but may still treat allowable business fuel as a normal business expense. With Radius fuel cards, customers can download HMRC-compliant invoices through Radius Velocity, which can help with bookkeeping, accounting records and VAT return preparation.
Small Employers Relief 2026: What Small Businesses Need to Know
Small Employers Relief 2026 means eligible UK employers can now reclaim 109% of qualifying statutory payments from HMRC, up from the previous small employer compensation rate. In practice, that means a qualifying small business can recover the full payment plus an extra 9% compensation on eligible statutory pay, provided its Class 1 National Insurance contributions for the previous tax year were £45,000 or less.
What Lenders Want From a UK Business in 2026
What lenders really want to see from a UK business in 2026 is clear affordability, healthy or improving cash flow, realistic forecasts, and a strong reason for borrowing. They want evidence that the business is well run, understands its numbers, and can repay finance without coming under unnecessary pressure. For established businesses, the route to funding matters as well, because going direct to one high street lender is very different from using a broker to access a wider lending market.
Car Tax Changes April 2026: What Rachel Reeves’s VED Update Means for UK Drivers and Businesses
Car Tax Changes April 2026: What UK Drivers and Businesses Need to Know The car tax changes from 1 April 2026 mean most drivers now face a standard annual Vehicle Excise Duty rate of £200, while zero-emission cars have a £10 first-year rate and a higher £50,000 threshold before the expensive car supplement applies. For […]
How to Reduce Business Fuel Costs With a Diesel Fuel Card
How to Reduce Business Fuel Costs With a Diesel Fuel Card If you want to reduce business fuel costs with a diesel fuel card, the key is better control over fuel spending, stronger visibility across every transaction, less admin, and more consistent driver behaviour. For businesses that rely on diesel vehicles, a diesel fuel card […]
Oil Prices Jump as Iran Tensions Threaten Business Fuel Costs
Oil Prices Jump as Iran Tensions Threaten Business Fuel Costs Fresh tensions involving Iran have pushed oil back into the spotlight, with Brent crude surging as markets reacted to fears over energy supply and disruption in the Strait of Hormuz. Although prices later eased on hopes of de-escalation, the wider message for businesses is clear: […]
How UK Small Businesses Can Handle Late Payments in 2026
How UK Small Businesses Can Handle Late Payments in 2026 Late payments remain a major challenge for small businesses across the UK. When customers do not pay on time, it can put pressure on wages, supplier payments, fuel costs, stock purchases, and everyday running expenses. For many SMEs, even one overdue invoice can disrupt cash […]
Fuel Costs Rising? 7 Smart Ways Businesses Can Cut Fuel Demand
Fuel costs can rise quickly when global oil markets come under pressure, squeezing margins for businesses that rely on vans, cars, HGVs, or regular staff travel. Here are 7 practical ways businesses can reduce fuel demand and stay in control of costs.
Rising Costs in 2026: UK Small Business Guide
Rising Costs in 2026: UK Small Business Guide Rising costs for UK small businesses are becoming harder to ignore in 2026. For many owners, the pressure is coming from several directions at once. Wage bills are climbing, supplier prices remain unpredictable, fuel and overheads still need close attention, and cash flow can quickly come under […]
HMRC Advisory Fuel Rates 2026
HMRC Advisory Fuel Rates 2026: New Mileage Rates from 1 March HMRC has updated its advisory fuel rates from 1 March 2026, giving employers and company car drivers the latest mileage rates to use for business travel and private fuel repayments. These rates are reviewed regularly and are commonly used by businesses across the UK […]