Advisory Fuel rates for company cars from 1 December 2020
25 November 2020
Company car Advisory Fuel rates that apply from 1 December 2020 have been published.
HMRC has issued details of the latest Advisory Fuel Rates (AFRs) for Company Cars. Rates are to be applied from 1 December 2020.
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 |
11p (12p) |
8p |
|
Over 2000cc |
17p |
12p |
|
Engine size |
Diesel |
|
|
1600cc or less |
8p |
|
|
1601cc to 2000cc |
10p |
|
|
Over 2000cc |
12p |
|
Hybrid cars are treated as either petrol or diesel cars for this purpose.
Information provided in this news article may be subject to change. Please make note of the date of publication to ensure that you are viewing up to date information.