Engine size
Diesel
1600cc or less
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
Advisory Electricity Rate The Advisory Electricity Rate for fully electric cars is 4 pence per mile. Electricity is not a fuel for car fuel benefit purposes.
Back to Contents
Advisory Fuel Rates for Company Cars from 1 June 2019 29 May 2019
HMRC has issued details of the latest Advisory Fuel Rates (AFRs) for Company Cars which apply from 1 June 2019.
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
12p (11p)
8p (7p)
1401cc to 2000cc
15p (14p)
9p (8p)
Over 2000cc
22p (21p)
14p (13p)
Engine size
Diesel
1600cc or less
10p
1601cc to 2000cc
12p (11p)
Over 2000cc
14p (13p)
Hybrid cars are treated as either petrol or diesel cars for this purpose.
Follow this link for details on how the rates are calculated
Advisory Electricity Rate The Advisory Electricity Rate for fully electric cars is 4 pence per mile. Electricity is not a fuel for car fuel benefit purposes.
Back to Contents
Taxable benefits and rules for measuring CO2 emissions 12 July 2019
New rules for company car drivers include that zero emission cars will pay no company car tax in 2020-21.
The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
Page 215 of 629
Made with FlippingBook - Online magazine maker