Advisory fuel rate for company cars12th February 2018 | Posted in: Allowances, Business Tax, Government Announcements
These are the suggested reimbursement rates for employees’ private mileage using their company car from 1 December 2017. Where there has been a change the previous rate is shown in brackets.
|1400cc or less||11p||7p|
|1600cc or less||9p|
|1401cc to 1600cc||14p (13p)||9p (8p)|
|1601 to 2000cc||11p|
|Over 2000cc||21p||13p (12p)||14p (13p)|
Note: For hybrid cars you must use the petrol or diesel rate. You can continue to use the previous rates for up to 1 month from the date the new rates apply.