Fleet News

No change for petrol and diesel Advisory Fuel Rates

HM Revenue and Customs (HMRC) has published the latest Advisory Fuel Rates (AFRs) with no change to either petrol or diesel rates.

Rates have no remained unchanged for two consecutive quarters and have not risen since March 2012 when they rose by 1p per mile for larger and smaller diesel engines.

The latest rates, which organisations use to reimburse drivers for fuel used on business journeys, take effect from Saturday (December 1).

There is a 1p per mile increase for LPG cars across the different engine variants.

New rates in bold, previous rates in brackets.

Petrol
1400cc or less 15p (15p)
1401cc to 2000cc 18p (18p)
Over 2000cc 26p (26p)

Diesel
1600cc or less 12p (12p)
1601cc to 2000cc 15p (15p)
Over 2000cc 18p (18p)

LPG
1400cc or less 11p (10p)
1401cc to 2000cc 13p (12p)
Over 2000cc 18p (17p)

June 2012: Diesel rates fall by 1p per mile - click here for more

March 2012: diesel rates rise by 1p per mile - click here for more


Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment

Comments

  • AJB - 27/11/2012 16:08

    Let's remember they are advisory fuel rates not set in stone.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee