HM Revenue & Customs (HMRC) has issued the new Advisory Fuel Rates for company vehicles per mile as follows:
| ENGINE SIZE |
Petrol |
| 1400cc or less |
11p |
| 1401cc – 2000cc |
14p |
| over 2000cc |
22p |
| ENGINE SIZE |
LPG |
| 1400cc or less |
7p |
| 1401 cc – 2000cc |
9p |
| Over 2000cc |
14p |
| ENGINE SIZE |
Diesel |
| 1600cc or less |
10p |
| 1601cc – 2000cc |
11p |
| Over 2000cc |
13p |
These Advisory Fuel Rates take effect from 1 June 2018. You can use the previous rates for up to 1 month from the date the new rates apply. Please note that not all of the rates have been amended so care must be taken to apply the correct rate. (Hybrid cars are treated as either petrol or diesel cars for this purpose.)
If you have any queries regarding this matter please contact Liz or Lisa on 01246 274121.
