ADVISORY FUEL RATE FOR COMPANY CARSOct 09 2018
There have been changes for the mileage rates of company cars.
These are the suggested reimbursement rates for employees’ private mileage using their company car from 1 September 2018.
Where there has been a change the previous rate is shown in brackets.
|1400cc or less||12p (11p)||7p|
|1600cc or less||10p|
|1401cc to 2000cc||15p (14p)||9p|
|1601cc to 2000cc||12p (11p)|
|Over 2000cc||22p||13p||13p (14p)|
You can continue to use the previous rates for up to 1 month from the date the new rates apply.
For hybrid cars use the equivalent petrol or diesel rate. However, for wholly electric cars there is a new 4p advisory rate from 1 September 2018.