ADVISORY FUEL RATE FOR COMPANY CARS

In line with recent reductions in fuel prices, HMRC has reduced its suggested reimbursement rates for employees’ private mileage using their company car from 1^st March 2019. Where there has been a change the previous rate is shown in brackets.

Note that 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. The Advisory Electricity Rate for fully electric cars is 4 pence per mile.