Company cars – The latest advisory fuel rates

Company cars – The latest advisory fuel rates

 Company cars - The latest advisory fuel rates:

Engine size 

Petrol             LPG
1400cc or less 14p   9p
1401cc to 2000cc  16p 11p
Over 2000cc 24p   16p
       
Engine size   Diesel  
1600cc or less   11p  
1601cc to 2000cc 13p  
Over 2000cc   17p  
       

Hybrid cars are treated as either petrol or diesel cars for this purpose.                                           

These rates are calculated from the fuel prices in the tables below:            
Petrol                               

 

           

 

           

 

           

 

 

 

 

Engine size

Mean

MPG

Applied

MPG

Fuel price

(per litre)

Fuel price

(per gallon)

Pence

per mile

 

AFR

Up to 1400cc 51.06 43.4 129.3p 587.8p 13.5p 14p
1401cc to 2000cc 42.24 35.9 129.3p 587.8p 16.4p 16p
Over 2000cc   28.63 24.3 129.3p 587.8p 24.2p 24p
             

Diesel

           

 

Engine size           

Mean

MPG   

 Applied

MPG       

Fuel price

(per litre)  

Fuel price

(per gallon)  

Pence

per mile  

AFR

Up to 1600cc 62.36 53.0 133.7p 608.0p 11.5p 11p
1601cc to 2000cc 53.25 45.3 133.7p 608.0p 13.4p 13p
Over 2000cc 43.30 36.8 133.7p 608.0p 16.5p 17p
             
LPG            

Engine size

Mean

MPG

Applied

MPG

Fuel price

(per litre)

Fuel price

(per gallon)

Pence

per mile

AFR

Up to 1400cc 40.8 34.7 70.3p 319.6p 9.2p 9p
1401cc to 2000cc 33.8 28.7 70.3p 319.6p 11.1p 11p
Over 2000cc 22.9 19.5 70.3p 319.6p 16.4p 16p

 

If you would like more information or would like to discuss your tax affairs in general, please contact our Tax Partner, Chris Barrington on the details below:

Chris Barrington
email: chris.barrington@jsllp.co.uk
telephone: 01942 292505

 

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