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 |
| 1400cc or less | 11p (12p) |
7p (8p) |
|
| 1600cc or less | 10p | ||
| 1401cc to 2000cc | 14p (15p) |
8p (10p) |
|
| 1601 to 2000cc | 11p (12p) |
||
| Over 2000cc | 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.
