23 February 2024

HM Revenue and Customs (HMRC) has released the advisory fuel rates to be used from 1 March 2024. You can use the previous rates for up to one month after the new rates apply.

The fully electric car advisory rate is 9 pence per mile. This will also now be reviewed quarterly along with the other advisory fuel rates.

Engine size

Petrol — rate per mile

LPG — rate per mile

1400cc or less

13 pence

11 pence

1401cc to 2000cc

15 pence

13 pence

Over 2000cc

24 pence

21 pence

 

Engine size

Diesel — rate per mile

1600cc or less

12 pence

1601cc to 2000cc

14 pence

Over 2000cc

19 pence

 Hybrid cars should be treated as petrol or diesel for the purposes of these rates.

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.


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.