Thursday 9 June 2016

Advisory Fuel Rates from June 2016



Advisory Fuel Rates from June 2016

New Rates: HMRC has updated its advisory fuel rates (AFRs). These apply from 1 June 2016. The table below shows the new AFRs with the previous figures in brackets.

 

Private journeys. AFRs can be used to avoid tax charges where your business pays for fuel used in a company car which you use for private journeys, or where you pay for fuel used in your company care or van and an allowance is paid to cover any business travel.

 

ENGINE SIZE
PETROL P/MILE
LPG P/MILE
DIESEL P/MILE
Up to 1,400 cc
10p (13p)
7p (9p)
-
Up to 1,600 cc
-
-
9p (11p)
1,401 cc to 2,000 cc
13p (16p)
9p (11p)
-
1,601 cc to 2,000 cc
-
-
10p (13p)
Over 2,000 cc
20p (23p)
13p (16p)
12p (16p)