Advisory Fuel Rate for Company Cars


Please be aware of the latest 

ADVISORY FUEL RATE FOR COMPANY CARS

In line with recent reductions in fuel prices, HMRC have reduced their suggested reimbursement rates for employees' private mileage using their company car from 1 March 2019.  Where there has been a change the previous rate is shown in brackets.  

Engine Size

Petrol

Diesel

LPG

 

 

1400cc or less

 

11p

(12p)

 

 

 

7p

(8p)

 

1600cc or less

 

 

10p

 

 

 

1401cc to 2000cc

 

14p

(15p)

 

 

 

8p

(10p)

 

1601cc to 2000cc

 

 

11p

(12p)

 

 

 

Over 2000cc

 

21p

(22p)

 

13p

(14p)

 

13p

(15p)

 

Note that for hybrid cars you must use the petrol or diesel rate.  You can continue to use the previous rates for up to 1 month from the date the new rates apply. The Advisory Electricity Rate for fully electric cars is 4 pence per mile.

As always, if you have any queries, please don't hesitate to contact us.