New company car advisory fuel rates have been published and took effect from 1 June 2022.
The guidance states: ‘you can use the previous rates for up to one month from the date the new rates apply’. The rates only apply to employees using a company car.
The advisory fuel rates for journeys undertaken on or after 1 June 2022 are:
Engine size |
Petrol |
1400cc or less |
14p |
1401cc - 2000cc |
17p |
Over 2000cc |
25p |
Engine size |
LPG |
1400cc or less |
9p |
1401cc - 2000cc |
11p |
Over 2000cc |
|
Engine size |
Dies |
1600cc or less |
13p |
1601cc - 2000cc |
16p |
Over 2000cc |
19p |
HMRC guidance states that the rates only apply when you either:
You must not use these rates in any other circumstances.
The Advisory Electricity Rate for fully electric cars is 5p per mile. Electricity is not a fuel for car fuel.
Internet link: GOV.UK AFR