Advisory fuel rates 1 June 2018

From 1 June 2018, here are the advisory fuel rates to be used when claiming back mileage in a company car.

If you’d like to discuss your options regarding taking a company car or the cash equivalent, please contact [email protected]

Note that the old rates can be used up to 1 July 2018 when charging for mileage.

Engine size Petrol – amount per mile LPG – amount per mile
1400cc or less 11 pence 7 pence
1401cc to 2000cc 14 pence 9 pence
Over 2000cc 22 pence 14 pence
Engine size Diesel – amount per mile
1600cc or less 10 pence
1601cc to 2000cc 11 pence
Over 2000cc 13 pence

Advisory fuel rates from 1 March 2018

The HMRC website has more information on expenses and benefits for employees and employers regarding company car taxation. We advise on this area and on all aspects of personal taxation and you can read more about our services here.