Advisory Fuel Rates For Company Cars

By June 7, 2018 Uncategorized

Advisory Fuel Rates For Company Cars

New company car advisory fuel rates have been published which take effect from 1st June 2018.

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.

Engine SizePetrol- Amount per mile
1400cc or less11p
1401cc to 2000cc14p
Over 2000cc22p
Engine SizeLPG- Amount per mile
1400cc or less7p
1401cc to 2000cc9p
Over 2000cc14p
Engine SizeDiesel- Amount Per Mile
1600cc or less10p
1601cc to 2000cc11p
Over 2000CC13p
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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