Specialist Tax News

Advisory Fuel Rate For Company Cars

The figures in the table below are the HMRC suggested reimbursement rates for employees’ private mileage using their company car from 1 September 2022. Remember that provided all private fuel is fully reimbursed the fuel benefit does not apply.

Engine Size Petrol Diesel LPG
1400cc or less 15p (14p)

 

  9p
1600cc or less   14p (13p)

 

 
1401cc to 2000cc 18p (17p)

 

  11p

 

1601 to 2000cc   17p

(16p)

 

 
Over 2000cc 27p

(25p)

 

22p

(19p)

 

17p

(16p)

 

Where the employer does not pay for any fuel for the company car these are the amounts that can be reimbursed in respect of business journeys tax free.

Where there has been a change the previous rate is shown in brackets.

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.