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The advisory fuel rates are reviewed by HM Revenue and Customs (HMRC) quarterly. The following rates are to be used only where employers either reimburse employees for business travel in their company cars or require employees to repay the cost of fuel used for private travel.  

The advisory electricity rate for fully electric cars is 9p per mile. 

Hybrid cars are treated as either petrol or diesel cars for advisory fuel rates. 

You can use the previous rates (from1st December 2023) for up to 1 month from the date any new rates apply. 

The following rates apply from 1st March 2024: 

Engine size Petrol - amount per mile LPG - amount per mile
1400cc or less 13p 12p
1401cc to 2000cc 15p 13p
Over 2000cc 24p 21p


Engine size Diesel - amount per mile
1600cc or less 12p
1601cc to 2000cc 14p
Over 2000cc 19p

If you require any help in this area, please feel free to contact our team today on 0800 0523 555 or enquire online here.

Date published 7 Jan 2020 | Last updated 29 Feb 2024

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.

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