Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

New advisory fuel rates from September 2019

16 September 2019
Issue: 4712 / Categories: News

HMRC has announced new fuel rates for company cars. They apply to all journeys on or after 1 September 2019 until further notice.

For one month from the date of change employers may use either the previous or new rates. They may therefore make or require supplementary payments but are under no obligation to do either.

Hybrid cars are treated as either petrol or diesel cars for this purpose. 

The amounts can be used for VAT but employers will need to retain receipts.

The advisory rate for fully electric cars is 4p a mile. Electricity is not a fuel for car fuel benefit purposes.
 
Engine size                          Petrol                     LPG
1 400cc or less                     12p           ...

If you or your firm subscribes to Taxation.co.uk, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.
back to top icon