Advisory Fuel Rates for Company Cars

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General business Posted on September 06, 2018

New company car advisory fuel rates have been published which take effect from 1 September 2018. 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 September 2018 are:

Engine size

Petrol

1400cc or less

12p

1401cc - 2000cc

15p

Over 2000cc

22p

Engine size

LPG

1400cc or less

7p

1401cc - 2000cc

9p

Over 2000cc

13p

Engine size

Diesel

1600cc or less

10p

1601cc - 2000cc

12p

Over 2000cc

13p

The 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 fuel used for private travel

You must not use these rates in any other circumstances.

GOV.UK - Advisory Fuel Rates

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

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