Advisory Fuel Rates For Company Cars

    Simpson Wood
    27th September 2017
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    New company car advisory fuel rates have been published which took effect from 1 September 2017. The guidance states:’You can use the previous rates for up to one month from the date the new rates apply’. The rates only apply to employees using a company car.

     

    The advisory fuel rates for journeys undertaken on or after 1 September 2017 are:

    Engine sizePetrol
    1400cc or less11p
    1401cc – 2000cc13p
    Over 2000cc21p
    Engine sizeLPG
    1400cc or less7p
    1401cc – 2000cc8p
    Over 2000cc13p
    Engine sizeDiesel
    1600cc or less9p
    1601cc – 2000cc11p
    Over 2000cc12p

    The guidance states that the rates only apply when you either:

    • reimburse employees for business travel in their company cars
    • require employees to repay the cost of fuel used for private travel

    You must not use these rates in any other circumstances.

    If you would like to discuss your car policy, please contact us.

    Internet link:  GOV.UK AFR

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