ADVISORY FUEL RATE FOR COMPANY CARS
These are the suggested reimbursement rates for employees’ private mileage using their company car from 1 September 2018.
Where there has been a change the previous rate is shown in brackets.
Engine Size |
Petrol |
Diesel |
LPG |
1400cc or less |
12p (11p) |
7p |
|
1600cc or less |
10p |
||
1401cc to 2000cc |
15p (14p) |
9p |
|
1601 to 2000cc |
12p (11p) |
||
Over 2000cc |
22p |
13p |
13p (14p) |
You can continue to use the previous rates for up to 1 month from the date the new rates apply.
For hybrid cars use the equivalent petrol or diesel rate. However, for wholly electric cars there is a new 4p advisory rate from 1 September 2018.

FURTHER INFORMATION OR ADVICE:
If you would like further information or advice about any of the issues raised in this newsletter or any other tax-related matter then Steve Bird would be delighted to hear from you: [email protected]