Advisory Fuel Rates for Company Cars from 1 June 2014
28 May 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 June 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.
Engine size |
Petrol |
LPG |
1400cc or less |
14p |
9p |
1401cc to 2000cc |
16p |
11p |
Over 2000cc |
24p |
16p (17p) |
Engine size |
Diesel |
1600cc or less |
12p |
1601cc to 2000cc |
14p |
Over 2000cc |
17p |
Hybrid cars are treated as petrol cars for this purpose.
Follow this link for details on how the rates are calculated