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New advisory fuel rates from June

31 May 2016
Issue: 4552 / Categories: Tax cases

Petrol hybrid cars are treated as petrol cars.

HMRC have announced new fuel rates for company cars. They apply to all journeys on or after 1 June 2016 until further notice.

For one month from the date of change, employers may use either the previous or new rates. They may, therefore, 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 employers will need to retain receipts.

Engine size

Petrol

LPG

1,400cc or less

10p

7p

1,401cc to 2,000cc

13p

9p

Over 2,000cc

20p

13p

Engine size

Diesel

1,600cc or less

9p

1,601cc to 2,000cc

10p

Over 2,000cc

12p

 

Issue: 4552 / Categories: Tax cases
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