Advisory fuel rates for September 2019 announced by HMRC
HM Revenue and Customs (HMRC) has published the latest advisory fuel rates, to apply from 1 September 2019.
The new rates, that only apply to employees using a company car are as follows:
|Engine size||Petrol – amount per mile||LPG – amount per mile|
|1400cc or less||12 pence||8 pence|
|1401cc to 2000cc||14 pence||10 pence|
|Over 2000cc||21 pence||14 pence|
|Engine size||Diesel – amount per mile|
|1600cc or less||10 pence|
|1601cc to 2000cc||11 pence|
|Over 2000cc||14 pence|
Hybrid cars are treated as either petrol or diesel cars for this purpose.
Advisory Electricity Rate
The Advisory Electricity Rate for fully electric cars is 4 pence per mile. Electricity is not a fuel for car fuel benefit purposes.
HMRC review these rates on a quarterly basis on 1 March, 1 June, 1 September and 1 December.
For more information please contact Lee Muter, Employment Taxes Partner, on 0191 243 6089 or at firstname.lastname@example.org
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