Advisory fuel rates change

Advisory fuel rates change

As of 1 September 2017, advisory fuel rates have changed for employees’ usage of company cars.

The following rates now apply, while previous rates can be used for up to 1 month after the new rates are introduced.

Engine size Petrol – amount per mile LPG – amount per mile
1400cc or less 11p 7p
1401cc to 2000cc 13p 8p
Over 2000cc 21p 13p

The following rates also apply for diesel cars:

Engine size Diesel – amount per mile
1600cc or less 9p
1601cc to 2000cc 11p
Over 2000cc 12p

Hybrid cars are treated as either petrol or diesel cars for this purpose.

These rates will apply when an employer reimburses employees for business travel in their company car and when employees are required to repay the cost of fuel used for private travel.

Talk to us about how these changes may affect your business.