New Advisory Fuel Rates

HMRC have announced new fuel rates for journeys on or after 1st September 2018. For the month of September, either the old rates or the new rates can be used. Hybrid cars are treated as petrol or diesel cars for this purpose. These rates can also be used for VAT purposes but receipts must be retained by the employer. In addition to these rates, the advisory rate for full electric cars is 4p per mile, and electricity is not a fuel for car fuel benefit purposes.

The new rates are :

Petrol           :          1,400cc or less 12p ; 1,401cc to 2,000cc 15p ; over 2,000cc 22p.

LPG             :          1,400cc or less 7p  ;  1,401cc to 2,000cc 9p   ; over 2,000cc 13p.

Diesel          :          1,600cc or less 10p ; 1,601cc to 2,000cc 12p ; over 2,000cc 13p.

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