Jun 2017
7
For company cars, HMRC has issued details regarding the latest Advisory Fuel Rates. From the date of the change, employers may use the old rates or new rates for one month. Employers are under no obligation to make supplementary payments to reflect the new rates but can do so if they wish. Hybrid cars are treated as either petrol or diesel cars for this purpose for the fuel rates.
The only change is to Petrol engine over 2000. The rates are as below:
Engine size | Petrol - amount per mile | LPG - amount per mile |
1400cc or less | 11 pence | 7 pence |
1401cc to 2000cc | 14 pence | 9 pence |
Over 2000cc | 21 pence | 14 pence |
Engine size | Diesel - amount per mile |
1600cc or less | 9 pence |
1601cc to 2000cc | 11 pence |
Over 2000cc | 13 pence |