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?

1st October 2019

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.

By Samantha Skyring FCCA

Disclaimer: The information provided is based on current guidance (at date of publication) from HMRC and may be subject to change. Any advice shared here 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 information, before receiving our written endorsement, we will accept no responsibility for any financial loss incurred.

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