Business NewsFlooring Headlines

Advisory Fuel Rates Update

Advisory fuel rates for company cars have changed as of 1 September 2016.

The new rates will only apply for the following:

  • when a company reimburses employees for business travel in their company car
  • when employees are required to repay the cost of fuel used for private travel.

The new rates apply from 1 September 2016. The previous rates can be used for up to 1 month after the new rates apply:

 

Engine sizePetrol – amount per mileLPG – amount per mile
1400cc or less11p7p
1401cc to 2000cc13p9p
Over 2000cc20p13p

 

The following rates apply for diesel cars:

 

Engine sizeDiesel – amount per mile
1600cc or less9p
1601cc to 2000cc11p
Over 2000cc13p

 

Hybrid cars can be treated as either petrol or diesel cars.

Tags
Show More

We use cookies to give you the best online experience. By agreeing you accept the use of cookies in accordance with our cookie policy.

Close