BrightPay Blog


Jun 2017

7

Company Cars - Advisory Fuel Rates from 1st June 2017

For company cars, HMRC has issued details regarding the latest Advisory Fuel Rates. From the date of the change, employers may use the old rates or new rates for one month. Employers are under no obligation to make supplementary payments to reflect the new rates but can do so if they wish. Hybrid cars are treated as either petrol or diesel cars for this purpose for the fuel rates.

The only change is to Petrol engine over 2000. The rates are as below:

Engine size Petrol - amount per mile LPG - amount per mile
1400cc or less 11 pence 7 pence
1401cc to 2000cc 14 pence 9 pence
Over 2000cc 21 pence 14 pence

 

Engine size Diesel - amount per mile
1600cc or less 9 pence
1601cc to 2000cc 11 pence
Over 2000cc 13 pence

 

Posted byDebbie ClarkeinEmployment Update