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 1st 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.
Office Controller, Enforcer and Financial Whizz at Point Progress
Sarah is an essential member of the Point Progress team.
Her experience is wide ranging, including all things financial, HR, and generally most things.
Her experience is wide ranging, including all things financial, HR, and generally most things.
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