1600cc or less
12p
1601cc to 2000cc
14p (15p)
Over 2000cc
17p (18p)
Hybrid cars are treated as petrol cars for this purpose.
Follow this link for details on how the rates are calculated
Advisory Fuel Rates for Company Cars from 1 March 2014
3 March 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 March 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
17p (16p)
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
Company Cars
COMPANY CAR AND CAR FUEL BENEFIT CALCULATOR UPDATED
10 January 2013
The HMRC Car & Benefit Calculator has now been updated to take account of changes to be brought in for 2013/2014.
If you wish to use the Car & Benefit Calculator it is now updated, however as a summary reminder of known forthcoming changes to the Car Benefit rules please be aware that:
Changes from 2013-14 The lower threshold will be reduced from 120g/km to 115g/km.
CIPP Policy News Journal
16/04/2014, Page 135 of 519
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