Advisory fuel rates for company cars

Advisory fuel rates for company cars

These are the suggested reimbursement rates for employees' private mileage using their company car from 1 March 2017:

Engine Size  Petrol  Diesel           LPG 
1400cc or less  11p   7p
1600cc or less    9p  
1401cc to 2000cc  14p   9p
1601 to 2000cc    11p  
Over 2000cc  22p (21p)      13p 14p (13p)

Where there has been a change, the previous rate is shown in brackets.

You can continue to use the previous rates for up to 1 month from the date the new rates apply.

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

Steve Crompton
Partner - Head of Tax
direct dial: 01942 292541
mobile: 07790 840394

Chris Barrington
Tax Partner
direct dial: 01942 292505
mobile: 07730 436070