HMRC Changes to Advisory Fuel Rates – December 2019

Every 3 months, HMRC review the advisory fuel rates. They apply to employees using a company car if:

• You reimburse employees for business travel
• Or require employees to repay the cost of private travel

These are “fuel only” rates, and if you use them, you have certainty that you are claiming no more than the true cost of fuel used on business journeys and so will not be taxed on a ‘fuel benefit’.

These rates apply from 1^st December 2019.

Engine size	Petrol – amount per mile	LPG – amount per mile
1400cc or less	12p	8p
1401cc to 2000cc	14p	9p
Over 2000cc	21p	14p

Engine size	Diesel – amount per mile
1600cc or less	9p
1601cc to 2000cc	11p
Over 2000cc	14p

Point Progress provides a HMRC Rate Update Service, to help businesses implement changes like these. Find out how you can transform the management of your expenses.