HMRC have announced new fuel rates for company cars, which will apply to all journeys on or after 1 September 2013 until further notice.
Employers may use either the previous rates or the new ones for one month from the date of change. They may make or require supplementary payments but are under no obligation to do either. Petrol hybrid cars are treated as petrol cars for this purpose. The amounts can be used for VAT, but receipts must be retained.
HMRC have announced new fuel rates for company cars, which will apply to all journeys on or after 1 September 2013 until further notice.
Employers may use either the previous rates or the new ones for one month from the date of change. They may make or require supplementary payments but are under no obligation to do either. Petrol hybrid cars are treated as petrol cars for this purpose. The amounts can be used for VAT, but receipts must be retained.
Engine size | Petrol | LPG |
1,400cc or less | 15p | 10p |
1,401cc to 2,000cc | 18p | 11p |
Over 2,000cc | 26p | 16p |
Engine size | Diesel |
1,600cc or less | 12p |
1,601cc to 2,000cc | 15p |
Over 2,000cc | 18p |