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 Accounting News & Insights

Advisory fuel rates for company cars

22nd March 2016

New company car advisory fuel rates have been published which took effect from 1 March 2016. 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 March 2016 are:

Engine size

Petrol

1400cc or less

10p

1401cc - 2000cc

12p

Over 2000cc

19p

Engine size

LPG

1400cc or less

7p

1401cc - 2000cc

8p

Over 2000cc

13p

Engine size


Accounting News & Insights

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