New advisory fuel rates apply from 1 September 2019. You can use the previous rates for up to 1 month from the date the new rates apply.
The rates only apply when you reimburse employees for business travel in their company cars or require employees to repay the cost of fuel used for private travel.
|Engine size||Petrol – amount per mile||LPG – amount per mile|
|1400cc or less||12 pence||8 pence|
|1401cc to 2000cc||14 pence||10 pence|
|Over 2000cc||21 pence||14 pence|
|Engine size||Diesel – amount per mile|
|1600cc or less||10 pence|
|1601cc to 2000cc||11 pence|
|Over 2000cc||14 pence|
Hybrid cars are treated as either petrol or diesel cars for this purpose.
Advisory Electricity Rate
The Advisory Electricity Rate for fully electric cars is four pence per mile.
Electricity is not a fuel for car fuel benefit purposes.
For more information about how to apply the advisory fuel rates in your business please contact us.