Business NewsFlooring Headlines

Fuel Advisory Rates Update

Advisory rates that apply fuel cost for company cars changed as of 1 June 2016.

The new rates will only apply for the following:

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

The new rates apply from June 1 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 less10p7p
1401cc to 2000cc13p9p
Over 2000cc20p13p
The following new rates will apply for diesel cars:
Engine sizeDiesel -amount per mile
1600cc or less9p
1601cc or 2000cc10p
Over 2000cc12p
Show More

Floors Magazine brings you daily flooring news, features, tenders, events, jobs and everything in-between.

Related Articles