Advisory Fuel Rate for Company Cars

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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)
 1601 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.

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