Company car fuel advisory rates

4 March 2019

HMRC provide company car fuel advisory rates on a quarterly basis. The current rates are as follows.

These rates apply from 1 March 2019. You can use the previous rates for up to 1 month from the date the new rates apply. Hybrid cars are treated as either petrol or diesel cars for this purpose.

Engine Size Petrol
1400cc or less 11p
1401cc - 2000cc 14p
Over 2000cc 21p
Engine Size LGP
1400cc or less 7p
1401cc - 2000cc 8p
Over 2000cc 13p
Engine Size Diesel
1600cc or less 10p
1601cc - 2000cc 11p
Over 2000cc 13p

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. Employees using personal vehicle for company business may be reimbursed for fuel as follows:

Type of vehicle First 10,000 miles Above 10,000 miles
Cars and Vans 45p 25p
Motorcycles 24p 24p
Bikes 20p 20p

 

For advice on advisory fuel, rates contact our Payroll Bureau at payroll@ellacotts.co.uk or 01295 250401.