Advisory fuel rates effective 1 Sep 2017
For employers claiming back business miles when using a company car, the advisory fuel rates from 1 September 2017 are as follows:
Engine size Petrol – amount per mile LPG – amount per mile
1400cc or less 11 pence 7 pence
1401cc to 2000cc 13 pence 8 pence
Over 2000cc 21 pence 13 pence
For diesel cars, the amounts are:
Engine size Diesel – amount per mile
1600cc or less 9 pence
1601cc to 2000cc 11 pence
Over 2000cc 12 pence
You can use the previous rates up to 1 October 2017.
To discuss your tax position and how the changes are likely to affect you, please contact [email protected] or call 01527 558539.