Published on AccountingWEB.co.uk (http://www.accountingweb.co.uk)
New advisory rates for company car drivers
Created 05/12/2008 - 11:55

New advisory fuel rates for company cars will apply to all journeys made on or after 1 January 2009, but as was done for the July 2008 changes, HMRC is content for the new rates to be implemented immediately where employers are able and wish to do so.


Engine size Petrol Diesel LPG
1400cc or less 10p 11p 7p
1401cc to 2000cc 12p 11p 9p
Over 2000cc 17p 14p 12p

The rates which apply from 1 June 2008 are as follows:


Engine size Petrol Diesel LPG
1400cc or less 12p 13p 7p
1401cc to 2000cc 15p 13p 8p
Over 2000cc 21p 17p 13p

The rates which apply from 1 January 2008 to 31 May 2008 are as follows:


Engine size Petrol Diesel LPG
1400cc or less 11p 11p 7p
1401cc to 2000cc 13p 11p 8p
Over 2000cc 19p 14p 11p

The rates which apply from 1 August 2007 to 31 December 2007 are as follows:



Engine size Petrol Diesel LPG
1400cc or less 10p 10p 6p
1401cc to 2000cc 13p 10p 8p
Over 2000cc 18p 13p 10p

Petrol hybrid cars are treated as petrol cars for this purpose.

Useful links:


Instructions - use
of rates
[1]


Source URL: http://www.accountingweb.co.uk/item/192210

Links:
[1] http://www.hmrc.gov.uk/cars/fuel_company_cars.htm