Advisory Fuel Rates for Company Cars from 1 March 2017

24 February 2017

 

HMRC has issued details of the latest Advisory Fuel Rates for Company Cars.

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

11p

7p

1401cc to 2000cc

14p  

9p

Over 2000cc

22p (21p)

14p (13p)

 

Engine size

Diesel

1600cc or less

9p

1601cc to 2000cc

11p

Over 2000cc

13p

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

Follow this link for details on how the rates are calculated