Specialist Tax News

Advisory fuel rate for company cars

These are the suggested reimbursement rates for employees’ private mileage using their company car from 1 March 2022. Where there has been a change the previous rate is shown in brackets.

Engine Size Petrol Diesel LPG
1400cc or less 13p 8p
(9p)
1600cc or less 11p
1401cc to 2000cc 15p 10p
1601 to 2000cc 13p
Over 2000cc 22p 16p 15p

 

Note that for hybrid cars you must use the petrol or diesel rate. You can continue to use the previous rates for up to 1 month from the date the new rates apply.