Advisory fuel rates for company cars

What are the current advisory fuel rates? 

1st January 2017

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 December 2016 are below.Where there has been a change the previous rate is shown in brackets:

Engine Size

Diesel

1600cc or less

9p

1601 to 2000cc

11p

Over 2000cc

13p

 

Engine Size

Petrol

LPG

1400cc or less

11p

7p

1401cc to 2000cc

14p (13p)

9p

Over 2000cc

21p (20p)

13p

By Jo Nockels

Disclaimer: Advice shared in this blog is intended to inform rather than advise. 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 forum, before receiving our written endorsement, we will accept no responsibility for any financial loss incurred.

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