From 1 March 2015, the advisory fuel rates for employees using a company car are as follows:

Engine size                         Petrol                   LPG

1400cc or less                     11p                         8p

1401cc to 2000cc               13p                         10p

Over 2000cc                        20p                         14p

Engine size                         Diesel

1600cc or less                     9p

1601cc to 2000cc               11p

Over 2000cc                        14p

Hybrid cars are treated as either diesel or petrol for the purpose of these calculations.

The previous advisory fuel rates can be used up to the end of March 2015.

If you’d like advice regarding application of these rates, or any other employee/employer taxation issues, please contact [email protected] or call Helen on 01527 558539..