Tag: Business Finance

Before You Claim Mileage, Check the HMRC New Road Fuel Rates

Posted on July 27, 2026 by Samuel Turner

Two separate updates landed for UK businesses this year, and mixing them up is an easy way to overpay. Company car mileage rates rose on 1 June 2026. HMRC’s new road fuel rates for petrol now reach 26p per mile, while VAT road fuel scale charges changed on 1 May 2026. There are different rules […]

How Long Does It Take HMRC to Process a VAT Refund in the UK?

Posted on July 7, 2026 by Alden Brooks

If your business has paid more VAT than it charged customers, HMRC will usually pay you the difference. So, how long does HMRC take to process a VAT refund? In most cases, repayments land within 30 days of HMRC receiving your VAT return. Some arrive sooner. Others take longer when checks are needed. This guide […]