Please note that when the rates were first published on 29 May they contained an error. The 1401cc to 2000cc petrol rate was displayed on GOV.UK as 12p when it should have been 14p. The error was corrected a couple of days later.
Advisory Fuel Rates for Company Cars from 1 September 2015 28 August 2015
HMRC have 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 (12p)
7p (8p)
1401cc to 2000cc
14p
9p
Over 2000cc
21p
14p
Engine size
Diesel
1600cc or less
9p (10p)
1601cc to 2000cc
11p (12p)
Over 2000cc
13p (14p)
Hybrid cars are treated as either petrol or diesel cars for this purpose.
Follow this link for details on how the rates are calculated
VW emissions - HMRC confirm position regarding previously submitted P11Ds 1 October 2015
We have been contacted by members who are concerned about the effect of the incorrect VW emissions will have on any P11Ds already submitted.
HMRC have confirmed that even if the CO2 figures are found to be incorrect it will not affect the levels of company car tax that have already been charged. There will be no requirement for employers to re-submit P11Ds.
This is because the legislation says that the calculation should be based on the CO2 figures on the EC certificate of conformity or the UK approval certificate. This means that it is not possible for HMRC to create a retrospective tax charge.
Company car users can now update their details online 10 November 2015
Instead of phoning or writing to HMRC, if you have any company car users they can now update their details online by using the Check or update your company car tax service . Making these changes online mean that your employees no longer have to wait for HMRC to update their tax code. By encouraging your employees to use this digital service you should get fewer enquiries as an employer since the changes are made in real time.
Your employees can use the new digital car service to:
CIPP Policy News Journal
25/04/2016, Page 135 of 453
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