HMRC have announced new fuel rates for company cars. They will apply to all journeys on or after 1 June 2013 until further notice.
Employers may use either the previous or new rates for one month from the date of change and, therefore, make or require supplementary payments. They are under no obligation to do either. Petrol hybrid cars are treated as petrol vehicles for this purpose. The amounts can be used for VAT, but employers must retain receipts.
HMRC have announced new fuel rates for company cars. They will apply to all journeys on or after 1 June 2013 until further notice.
Employers may use either the previous or new rates for one month from the date of change and, therefore, make or require supplementary payments. They are under no obligation to do either. Petrol hybrid cars are treated as petrol vehicles for this purpose. The amounts can be used for VAT, but employers must retain receipts.
Engine size | Petrol | LPG |
1,400cc or less | 15p | 10p |
1,401cc to 2,000cc | 17p | 12p |
Over 2,000cc | 25p | 18p |
Engine size | Diesel |
1,600cc or less | 12p |
1,601cc to 2,000cc | 14p |
Over 2,000cc | 18p |