As of 1 June 2018, advisory fuel rates have been updated for employees' usage of company cars.

The following rates are now in place for petrol and LPG-fuelled cars provided by your employer, while the previous rates can be used until 1 July 2018.

Engine sizePetrol - amount per mileLPG - amount per mile 
1400cc or less 11p7p
1401cc to 2000cc 14p 9p 
Over 2000cc 22p 14p 

For diesel cars, the rates are:

Engine size Diesel - amount per mile 
1600cc or less 10p 
1601cc to 2000cc 11p 
Over 2000cc 13p 

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

These rates will apply when an employer reimburses employees for business travel in their company car and when employees are required to repay the cost of fuel used for private travel.

Contact us to discuss how this affects your business.