As of 1 September 2017, advisory fuel rates have changed for employees’ use of company cars.
The following rates now apply, while previous rates can be used for up to 1 month after the new rates are introduced.
|1400CC or less||11p||7p|
|1400CC or less||13p||8p|
|1400CC or less||21p||13p|
|1600CC or less||9p|
|1601CC to 2000cc||11p|
Hybrid cars are treated as either petrol or diesel cars for this purpose.
These rates will apply when an employer reimburses employees for business travel in its company car and when employees are required to repay the cost of fuel used for private travel.