HMRC has published the new advisory fuel rates

HM Revenue & Customs (HMRC) have announced a change in maximum accepted rates for reimbursing mileage costs on a “fuel only” basis – i.e. where the car is provided by the employer, but the employee is required to provide all fuel.  These rates apply to all journeys on or after 1st December 2016 until further notice:

 

Engine Size

Petrol

LPG

Engine size

Diesel

1400cc or less

11p

7p

1600cc or less

9p

1401cc to 2000cc

14p

9p

1601-2000cc

11p

Over 2000cc

21p

13p

Over 2000 cc

13p

 

Hybrid cars are treated as either petrol or diesel cars for this purpose.

As with recent changes to these rates, HMRC has confirmed that there is a one month grace period where either the current or previous rates may be used.  The previous rates are shown in brackets.

HMRC continue to review rates quarterly, and will take effect from 1st March, 1st June, 1st September and 1st December where changes are considered necessary.