HMRC have again increased the advisory fuel rates December 2021 that apply for the reimbursement of employees’ private fuel for their company cars.
The new rates apply from 1 December 2021, but you can continue to use the previous rates for up to 1 month from the date the new rates apply. Where there has been a change the previous rate is shown in brackets:-
| Engine Size | Petrol | Diesel | LPG |
| 1400cc or less | 13p (12p) | 9p (7p) | |
| 1600cc or less | 11p (10p) | ||
| 1401cc to 2000cc | 15p (14p) | 10p (8p) | |
| 1601 to 2000cc | 13p (12p) | ||
| Over 2000cc | 22p (20p) | 16p (15p) | 15p (12p) |
You can continue to use the previous rates for up to 1 month from the date the new rates apply. For wholly electric cars there is a 5p (was 4p) advisory rate. Note that for hybrid cars use the equivalent petrol or diesel rate.
Need more information?
HMRC have again increased the advisory fuel rates December. Do you have company cars?
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