New Fuel Rates published by HM Revenue & Customs

New Fuel Rates published by HM Revenue & Customs

By Jo Downend
01 September 2014

Company Cars – advisory fuel rates from 1st September 2014

From the 1st September 2014 the company car advisory fuel rates will change. These rates apply to all journeys on or after 1st September 2014 until further notice.

For one month from the date of change, employers may use either the previous or new current rates, as they choose. Employers may therefore make or require supplementary payments if they so wish, but are under no obligation to do either.

 

Engine size

 

Petrol

 

     LPG

 

1400cc or less

 

14p

 

9p

 

 

1401cc to 2000cc

 

16p

 

11p

 

Over 2000cc

 

24p

 

16p

 

 

Engine size

 

Diesel

 

1600cc or less

 

11p

 

1601cc to 2000cc

 

13p

 

Over 2000cc

 

17p

 

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