Expenses, Benefits & Reward
Company Cars
Advisory Fuel Rates for Company Cars from 1 March 2017 24 February 2017
HMRC has 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
7p
1401cc to 2000cc
14p
9p
Over 2000cc
22p (21p)
14p (13p)
Engine size
Diesel
1600cc or less
9p
1601cc to 2000cc
11p
Over 2000cc 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
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Advisory Fuel Rates for Company Cars from 1 June 2017 1 June 2017
HMRC has 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.
There is only one change and that is to the Petrol over 2000cc rate.
The new rates are below (previous rate in brackets where there is a change):
Engine size
Petrol
LPG
1400cc or less
11p
7p
1401cc to 2000cc
14p
9p
Over 2000cc
21p (22p)
14p
Engine size
Diesel
1600cc or less
9p
1601cc to 2000cc
11p
Over 2000cc
13p
The Chartered Institute of Payroll Professionals
Policy News Journal
cipp.org.uk
Page 160 of 516
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