December 2019 Fuel Rates

HMRC have announced new fuel rates for journeys on or after 1st December 2019. For one month from the date of change, either the old rates or the new rates can be used. Hybrid cars are treated as either petrol or diesel cars for this purpose.

The rates can also be used for VAT recovery purposes, but employers will need to keep supporting invoices/receipts to cover the VAT reclaimed. In addition, the rate for full electric cars is 4p per mile, and electricity is not a fuel for company car fuel benefit purposes.

The new rates based on engine size are :

Petrol       :   1,400cc or less 12p; 1,401cc to 2,000cc 14p; over 2,000cc 21p

Diesel      :   1,600cc or less   9p; 1,601cc to 2,000cc 11p; over 2,000cc 14p

LPG         :    1,400cc or less  8p; 1,401cc to 2,000cc  9p; over 2,000cc 14p

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