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30 August 2016
New fuel rates for company cars.
New fuel rates for company cars have been announced. They apply to all journeys on or after 1 September 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 |
11p |
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 |
11p |
||
|
Over 2,000cc |
13p |
||
