Fleet News

New advisory fuel rates are published by HMRC

Her Majesty’s Revenue & Customs has published new advisory fuel rates, which will apply to all company car journeys on or after August 1, until further notice.

HMRC has also published figures on how the rates are calculated, taking into account average and “real world” mpg figures, and average fuel prices.

The HMRC said: “We aim to provide employers with as much certainty as possible by keeping the fuel rates unchanged where there are modest variations in fuel prices. In line with the commitment made when they were introduced, they will be reviewed during a tax year only in the event of a variation in fuel prices of greater than 10% from the prices used at the time.”

Advisory fuel rates

Engine size Petrol Diesel LPG
1,400cc or less 10p 10p 6p
1,401-2,000cc 13p 10p 8p
Over 2,000cc 18p 13p 10p

  • Petrol hybrid cars are treated as petrol cars for this purpose

    Her Majesty’s Revenue & Customs has published new advisory fuel rates, which will apply to all company car journeys on or after August 1, until further notice.

    HMRC has also published figures on how the rates are calculated, taking into account average and “real world” mpg figures, and average fuel prices.

    The HMRC said: “We aim to provide employers with as much certainty as possible by keeping the fuel rates unchanged where there are modest variations in fuel prices. In line with the commitment made when they were introduced, they will be reviewed during a tax year only in the event of a variation in fuel prices of greater than 10% from the prices used at the time.”

  • Petrol

    Engine size Mean Applied Fuel price Fuel price Pence per mile AFR
    (cc) mpg mpg (per litre) (per gallon)
    up to 1,400 46.7 42.0 96.6 439.2 10.4 10
    1,400-2,000 38.5 34.7 96.6 439.2 12.7 13
    over 2,000 27.9 25.1 96.6 439.2 17.5 18

  • Diesel

    Engine size Mean Applied Fuel price Fuel price Pence per mile AFR
    (cc) mpg mpg (per litre) (per gallon)
    up to 2,000 50.3 45.3 97.2 441.9 9.8 10
    over 2,000 37.5 33.7 97.2 441.9 13.1 13

  • LPG

    Engine size Mean Applied Fuel price Fuel price Pence per mile AFR
    (cc) mpg mpg (per litre) (per gallon)
    up to 1,400 37.4 33.6 46.2 210.0 6.2 6
    1,400-2,000 30.8 27.7 46.2 210.0 7.6 8
    over 2,000 22.3 20.1 46.2 210.0 10.5 10
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