30th August 2019

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 leemuter@unw.co.uk 

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