HMRC provide company car Advisory Fuel Rates (AFR) on a quarterly basis. The current rates are as follows:
These rates apply from 1 December 2019. You can use the previous rates for up to 1 month from the date the new rates apply.
|Engine size||Petrol – amount per mile||LPG – amount per mile|
|1400cc or less||12p||8p|
|1401cc to 2000cc||14p||10p|
|Engine size||Diesel – amount per mile|
|1600cc or less||10p|
|1601cc to 2000cc||11p|
For more information visit the UK Government’s website.
What are the advisory rates for electric cars?
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|
For any advice on advisory fuel rates please contact our Payroll Bureau at firstname.lastname@example.org or 01295 250401.
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