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Updated advisory fuel rates

01 September 2015
Issue: 4516 / Categories: News , VAT

New rates from 1 September.

HMRC have announced new fuel rates for company cars. They apply to all journeys on or after 1 September 2015.
 
For one month from the date of change employers may use either the previous or new rates. They may make or require supplementary payments, but are under no obligation to do either.
 
Hybrid cars are treated as petrol cars for this purpose. The amounts can be used for VAT, but employers will need to retain receipts.
 
 
Issue: 4516 / Categories: News , VAT
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