The Latest Advisory Fuel Rates.

Date: 24/01/18

The Latest Advisory Fuel Rates.

Advisory Fuel Rates (AFR) only apply to employees using a company car. HM Revenue and Customs review rates quarterly on 1 March, 1 June, 1 September and 1 December.

In December 2017 new rates came into effect, and while HMRC gave 1 month for companies to adjust, they became compulsory from January 2018.

The latest rates per mile are:

For engine size 1400cc or less – Petrol 11p, Diesel 9p, LPG 7p

For engine size 1400cc to 2000cc – Petrol 14p, Diesel 11p, LPG 9p

For engine size over 2000cc – Petrol 21p, Diesel 13p, LPG 14p

 


Gareth Westworth

Author: Gareth Westworth

Gareth joined Scott & Wilkinson after leaving school in 1990, having attended Skerton High School before joining the sixth form at Lancaster Royal Grammar School. As a manager, Gareth is responsible for a varied portfolio of clients and is...

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