Policy News Journal - 2014-15

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

16p (17p)

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

Advisory Fuel Rates for Company Cars from 1 September 2014

1 September 2014

HMRC have published the latest quarterly revision to advisory fuel rates, as well as a reminder of how they should be used.

HMRC have published the latest quarterly revision to advisory fuel rates, as well as a reminder of how they should be used.

These rates apply to all journeys on or after 1 September 2014 until further notice. For 1 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.

Engine size

Petrol

LPG

1400cc or less

14p

9p

1401cc to 2000cc

16p

11p

Over 2000cc

24p

16p

Engine size

Diesel

1600cc or less

11p

1601cc to 2000cc

13p

Over 2000cc

17p

Hybrid cars are treated as petrol cars for this purpose.

Follow this link for details on how the rates are calculated

CIPP Policy News Journal

08/04/2015, Page 143 of 521

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