Advisory Fuel Rates For Company Cars

    Simpson Wood
    12th June 2017
    Home » Categories » Business » Advisory Fuel Rates For Company Cars

    New company car advisory fuel rates have been published which took effect from 1 June 2017. The guidance states: ‘You can use the previous rates for up to one month from the date the new rates apply’. The rates only apply to employees using a company car.

    The advisory fuel rates for journeys undertaken on or after 1 June 2017 are:

    Engine size

    Petrol

    1400cc or less

    11p

    1401cc – 2000cc

    14p

    Over 2000cc

    21p

     

    Engine size

    LPG

    1400cc or less

    7p

    1401cc – 2000cc

    9p

    Over 2000cc

    14p

     

    Engine size

    Diesel

    1600cc or less

    9p

    1601cc – 2000cc

    11p

    Over 2000cc

    13p

     

     

    The  guidance states that the rates only apply when you either:

    • reimburse employees for business travel in their company cars
    • require employees to repay the cost of fuel used for private travel

    You must not use these rates in any other circumstances.

    If you would like to discuss your car policy, please contact us.

    Internet link:  GOV.UK AFR

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