Electric car advisory fuel rate change
18 November 2022
Guidance from HM Revenue and Customs (HMRC) here and here has been updated to reflect the fact that the advisory fuel rate (AFR) for fully electric cars will increase from 5 pence to 8 pence per mile, from 1 December 2022.
In alignment with other AFRs, the electric rate will be reviewed on a quarterly basis going forward.
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