Advisory fuel rates for company cars from 1 March 2014

03 March 2014

HMRC have issued details of the latest advisory fuel rates for company cars.

The rates can apply to all journeys made on or after 1st March 2014 until further notice. (December rates shown in brackets where there has been a change, but only one for this quarter).

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.

Employers are advised to review the latest available data in February, May, August and November each year.