 August
2007
Advisory Fuel Rates
HMRC have announced new rates for journeys on or after
1 July 2006. These rates apply to company car drivers
who are reimbursed for business miles driven. The rates
can also be used by company car drivers who claim all
their fuel costs and then reimburse their employer
for their private mileage.
| Engine size |
Petrol |
Diesel |
LPG |
| 1400cc or less |
10p (9p) |
10p (9p) |
6p (6p) |
| 1401cc – 2000cc |
13p (11p) |
10p (9p) |
8p (7p) |
| Over 2000cc |
18p (16p) |
13p (12p) |
10p (10p) |
Employers can increase the rates paid to the above
amounts without having to agree them with HMRC.
There has been no increase to the 40p a mile rate
which applies to the first 10,000 business miles driven
by an employee in their own car. The employee car rate
drops to 25p per mile after 10,000 miles.
Internet link:
HMRC website
|
