NEWSLETTER ARTICLES

 

01-06-2017
Advisory fuel rates for company cars

The latest advisory fuel rates became effective on 1 June 2017. Fuel rates are reviewed four times a year with changes taking effect on 1 March, 1 June, 1 September and 1 December. You can use the previous rates for up to 1 month from the date the new rates apply.

The rates are as follows:

Engine size  Petrol – amount per mile  LPG – amount per mile
1400cc or less    11p7p
1401cc to 2000cc  14p9p
Over 2000cc 21p14p

 
Engine size Diesel – amount per mile
1600cc or smaller 9p
1601cc to 2000cc 11p
Over 2000cc 13p

Hybrid cars are treated as either petrol or diesel cars for this purpose.

Source: HM Revenue & Customs | 01-06-2017

Back