Advisory fuel rates for company cars - December 2017

Home / News / Advisory fuel rates for company cars - December 2017

Posted on December 07, 2017

New company car advisory fuel rates have been published which took effect from 1 December 2017. The guidance states: 'You can use the previous rates for up to one month from the date the new rates apply.' The rates only apply to employees using a company car.

The advisory fuel rates for journeys undertaken on or after 1 December 2017 are:

Engine size

Petrol

1400cc or less

11p

1401cc - 2000cc

14p

Over 2000cc

21p

Engine size

LPG

1400cc or less

7p

1401cc - 2000cc

9p

Over 2000cc

14p

Engine size

Diesel

1600cc or less

9p

1601cc - 2000cc

11p

Over 2000cc

13p

HMRC guidance states that the rates only apply when you either:

  • Reimburse employees for business travel in their company cars
  • Require employees to repay the cost of the fuel used for private travel

You must not use these rates in any other circumstances.

If you would like to discuss your car policy, please contact us.

Want to read more? Follow us @ClarkHowes, sign up to our newsletter or call +44(0)8442 492 209.