Limited Company Fuel Cards | Everything You Need To Know

Discover the ins and outs of limited company fuel cards in our comprehensive guide. From cost-saving benefits to eligibility criteria, we cover all the essentials to help you navigate this valuable asset for your business.

limited company fuel cards

Table of Contents

  • Can a limited company get fuel cards?
  • What are fuel cards?
  • Fuel card costs
  • Fuel cards and tax
  • Fuel cards security
  • How to get fuel cards

Can A Limited Company Get Fuel Cards?

Limited companies based in the UK and Ireland are eligible to apply for Fuelwise Fuel Cards. We work with thousands of businesses across the UK and Ireland, helping them to reduce their annual fuel and fleet costs.

For more information on fuel cards for charities, sole traders and partnerships check out blog post in which we discuss who can get a fuel card.

What Are Fuel Cards?

Fuel cards a method of payment specifically designed for purchasing fuel and other vehicle-related expenses. They are for businesses with vehicles, allowing them to efficiently manage fuel costs, track usage, and monitor expenses for individual drivers or vehicles.

Learn more about how fuel cards work.

Limited Company Fuel Card Benefits

Traditional fuel card customers such as those from the haulage industry will be well aware of the benefit of fuel cards, but there are many benefits for small and medium sized businesses.

Check out these limited company fuel card benefits;

  • Reduced fuel costs
  • Interest free credit
  • Reduced administrative time
  • Simple invoicing with clear VAT separation
  • Increased security and prevention of fraud

Fuelwise Fuel Cards

Limited Company Fuel Card Costs

Fuel cards are a lot more affordable for businesses compared to credit cards as they do not charge any interest.

The Fuelwise Fuel Card is different to other fuel cards as it does not have any minimum use or transaction fees.

There are also no signup fees, you simply pay for the fuel purchase.

Limited Company Fuel Cards And Tax

For businesses reliant on vehicles, managing fuel purchases is crucial. Failure to do so can result in HMRC (UK) or Revenue (Ireland) deeming unaccounted fuel as taxable income, subject to benefit-in-kind tax. This headache is alleviated with fuel cards, as VAT-rated purchases are recorded and consolidated, eliminating the need for manual receipt logging and VAT claim calculations.

Limited Company Fuel Cards And Security

A business fuel card provides various security measures such as purchase limits by timeframe, daily, weekly, monthly.  You can also set limits on the amount of fuel that can be purchased. It facilitates spending tracking by driver or vehicle, curbing unnecessary purchases, and removing the need for receipt collection.

How To Get Fuel Cards For Your Limited Company

Arranging fuel cards for your limited company is very simple and can be completed in just one minute.

Simply complete the form and a member of our team will be in contact to arrange the setup of your Fuelwise Fuel Card account.


    Phone Number



    Dominic Dysart
    Why our customers choose Fuelwise
    VES Transport

    VES Transport

    “I have been using Fuelwise fuel cards for many years and both the product and level of service is exceptional. To manage my business daily I use Velocity to monitor fuel spend and transactions and e-Route helps my drivers find any of the thousands of sites available with the Fuelwise fuel card. My Account Manager is always on hand to help and goes the extra mile to ensure everything is running smoothly”.

    MDE Installations

    MDE Installations

    “Fuelwise is very customer focused and were able to provide what I needed for this project where others couldn’t. The e- Route app helps our engineers find Core sites instead of Non-Core sites which helps with efficiencies and cost savings. Velocity is well managed, and I can create plenty of reports and my Account Manager is always on hand to help. With GPS Tracking built into Velocity I can view distance travelled, speed etc. and driver contact details without having to open another system.”

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