HMRC have updated their Advisory Fuel Rates. The new rates from 1 June 2019 are:
|ENGINE SIZE||PETROL P/MILE||LPG P/MILE||DIESEL P/MILE|
|Up to 1,400cc||12p||8p||-|
|1,400cc to 2,000cc||15p||9p||-|
|Up to 1,600cc||-||-||10p|
|1,600cc to 2,000cc||-||-||12p|
These 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 should not use these rates in any other circumstances.
Advisory Electricity Rate
The Advisory Electricity Rate for fully electric cars is 4 pence per mile.
Electricity is not a fuel for car fuel benefit purposes.
Last updated: 29 May 2019