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ADVISORY FUEL RATE FOR COMPANY CARS

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
1400 cc or less 11p(12p)   7p (8p)
1600 cc or less   10p  
1401 cc to 2000 cc 14p   8p
1601 to 2000 cc   11p  
Over 2000 cc 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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