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Dave Willis

Cheap Fuel?
« on: May 26, 2014, 09:10:41 pm »
Is there any point in using vouchers etc to reduce the cost of your fuel for your business or are you better off paying full price or even the highest price for your end of year tax return?

8weekly

Re: Cheap Fuel?
« Reply #1 on: May 26, 2014, 09:17:51 pm »
Is that a serious question?

Dave Willis

Re: Cheap Fuel?
« Reply #2 on: May 26, 2014, 09:21:51 pm »
Of course. All my questions are serious.

We get a fuel saving by shopping in Tesco. I normally take the saving when I fill the van (quite a large saving on a full tank). It occurred to me that it just might be better saving the cost on the family car rather than the van because of the tax benefits. See?

8weekly

Re: Cheap Fuel?
« Reply #3 on: May 26, 2014, 09:28:59 pm »
That's a slightly different question than the OP in which you asked if it was worth taking the fuel discount at all.

Soupy

  • Posts: 21263
Re: Cheap Fuel?
« Reply #4 on: May 26, 2014, 09:34:54 pm »
You can use fuel cards. Search UKFUELS. You can save around 5ppl. You have to watch what you are doing though as every fuelcard company I have used so far have been charlatans, you need to keep on top of them.
#FreeTheBrightonOne
#aliens

J.D

  • Posts: 636
Re: Cheap Fuel?
« Reply #5 on: May 26, 2014, 09:54:50 pm »
You save sweet fanny adams with fuel cards!

Paul Coleman

Re: Cheap Fuel?
« Reply #6 on: May 26, 2014, 09:59:07 pm »
I have this situation with Nectar points at Sainsbury's.  I pay the full cost of the fuel and use the Nectar points against my shopping bill.  Quite simply, the fuel (well most of it) is tax deductible and the shopping isn't.

PoleKing

  • Posts: 8974
Re: Cheap Fuel?
« Reply #7 on: May 26, 2014, 10:04:17 pm »
I have this situation with Nectar points at Sainsbury's.  I pay the full cost of the fuel and use the Nectar points against my shopping bill.  Quite simply, the fuel (well most of it) is tax deductible and the shopping isn't.

By Jove, you've got it.

We save our nectar points.
Spend 'em once a year or so.
Last year, bought the boy a play/treehouse thing. Over £300 quids worth.
Getting a few bits and bobs won't be memorable but a big thing (like the playhouse) seems like a better freebie.
(If you can afford to, obviously)
www.LanesWindowCleaning.com

It's just the internet. Try not to worry.

J.D

  • Posts: 636
Re: Cheap Fuel?
« Reply #8 on: May 26, 2014, 10:55:44 pm »
My Nectar points pay for at least one of my flights to london each year to watch the Hammers play.....

James Williams

  • Posts: 3
Re: Cheap Fuel?
« Reply #9 on: May 27, 2014, 12:23:07 am »
Hi, I pay all my business fuel with my 123 personal credit card then take the cash out the business account and clear it once a month then I pocket the discount from the card it all adds up over the year depends on how much fuel you use.

Soupy

  • Posts: 21263
Re: Cheap Fuel?
« Reply #10 on: May 27, 2014, 04:58:43 am »
You save sweet fanny adams with fuel cards!

No. I save 5ppl with fuel cards.
#FreeTheBrightonOne
#aliens

Mike #1

  • Posts: 4668
Re: Cheap Fuel?
« Reply #11 on: May 27, 2014, 05:12:38 am »
Swings and roundabouts IMO i would rather not be putting crappy cheap fuel in my truck so i am prepared to pay a higher price , The savings over the year putting supermarket fuel in are not massive so why risk  damage to your engine with cheap fuel . Mike

dannymack

  • Posts: 1624
Re: Cheap Fuel?
« Reply #12 on: May 27, 2014, 06:19:37 am »
Tesco we do as we cash in our points and get 20p off a litre good savings if say old chap lol !!!!

Dave Willis

Re: Cheap Fuel?
« Reply #13 on: May 27, 2014, 07:36:14 am »
So, save 20p a litre every time you fill the van or not?

gary999

  • Posts: 8156
Re: Cheap Fuel?
« Reply #14 on: May 27, 2014, 07:52:23 am »
My Nectar points pay for at least one of my flights to london each year to watch the Hammers play.....

A fool and his nectar points are easily parted! :)

J.D

  • Posts: 636
Re: Cheap Fuel?
« Reply #15 on: May 27, 2014, 07:56:10 am »
Your 5p saving on supermarket cooking oil is a false economy! I bet you also get an annual charge for the card? Although that's rarely mentioned! Your saving nought , you only think you are!

dannymack

  • Posts: 1624
Re: Cheap Fuel?
« Reply #16 on: May 27, 2014, 09:59:09 am »
Dave cause we do shopping there and fill our vans up there you earn so many points which we do a fair boy of money there so yes we get 20p off every time we fill up thru the month. Think this deal will only last until Sept then may be 5p a litre

Soupy

  • Posts: 21263
Re: Cheap Fuel?
« Reply #17 on: May 27, 2014, 03:11:00 pm »
Your 5p saving on supermarket cooking oil is a false economy! I bet you also get an annual charge for the card? Although that's rarely mentioned! Your saving nought , you only think you are!

Very certain of that are you? No annual charge. 5ppl saved.
#FreeTheBrightonOne
#aliens

J.D

  • Posts: 636
Re: Cheap Fuel?
« Reply #18 on: May 27, 2014, 03:44:20 pm »
I am soupy! Fuel cards are a nonsense mate......

H20cleaning

  • Posts: 2098
Re: Cheap Fuel?
« Reply #19 on: May 27, 2014, 04:37:08 pm »
A mechanic told me fuel is getting made that cheap now its a lot worse for engines (diesel) he also said now and again when i fill up with diesel to add 1 cap full of engine oil to keep everything lubricated, does this sound right ?