Advisory fuel rates for company cars from 1 March 2021

24 February 2021

Company car advisory fuel rates that apply from 1 March 2021 have been published.

HMRC has issued details of the latest Advisory Fuel Rates (AFRs) for Company Cars. Rates are to be applied from 1 March 2021.

For one month from the date of change, employers may use either the previous or new current rates, as they choose. Employers may therefore make or require supplementary payments if they so wish but are under no obligation to do either.

The new rates are below (previous rate in brackets where there is a change):

Engine size

Petrol

LPG

1400cc or less

10p

7p

1401cc to 2000cc

12p (11p)

8p

Over 2000cc

18p (17p)

12p

Engine size

Diesel

1600cc or less

9p (8p)

1601cc to 2000cc

11p (10p)

Over 2000cc

12p

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

 


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