Questions and Answers
What are the current advisory fuel rates?
I have to repay private mileage that I do in my company car, what rate do I use?
The advisory fuel rates apply when you either:
- reimburse employees for business travel in their company cars
- require employees to repay the cost of fuel used for private travel
The rates take into account changes in fuel prices so can change regularly. The rates to use from 1st September 2019 are below. The previous rate is shown in brackets:
|
Engine Size |
Petrol |
LPG |
|
1400cc or less |
12p (12p) |
8p (8p) |
|
1401cc to 2000cc |
14p (15p) |
10p (9p) |
|
Over 2000cc |
21p (22p) |
14p (14p) |
|
Engine Size |
Diesel |
|
1600cc or less |
10p (10p) |
|
1601 to 2000cc |
11p (12p) |
|
Over 2000cc |
14p (14p) |
Full information can be found here: https://www.gov.uk/government/publications/advisory-fuel-rates/advisory-fuel-rates-from-1-march-2016
If you want to understand more about these advisory fuel rates and how they work, please get in touch today by calling us on 0800 0523 555 or use our simple online contact form to arrange a free initial consultation.
Date published 4 Oct 2019 | Last updated 25 Sep 2020
This article is intended to inform rather than advise and is based on legislation and practice at the time. Taxpayer’s circumstances do vary and if you feel that the information provided is beneficial it is important that you contact us before implementation. If you take, or do not take action as a result of reading this article, before receiving our written endorsement, we will accept no responsibility for any financial loss incurred.Choose the right accounting firm for you
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