HMRC Advisory fuel rates


With effect from 1 March 2018 (previous rates) the following HMRC advisory fuel rates will apply for reimbursement of fuel costs for company car drivers:

Engine Size Petrol Diesel LPG
1400cc or less 11p (11p) 09p (09p) 07p ( 07p)
1401cc to 1600cc 14p (14p) 11p (11p) 08p ( 09p)
1601cc to 2000cc 14p (14p) 11p (11p) 08p (09p)
over 2000cc 22p (21p) 13p (13p) 13p (14p)

The above rates per mile are also used when calculating the VAT recoverable on the Approved Mileage Rates shown below for employees who use their own car on business:

2017-2018 First 10,000 business miles in the tax year Each mile over 10,000 miles in the tax year
Cars and vans 45p 25p
Motor cycles 24p 24p
Bicycles 20p 20p

If you need any help or advice on the above please contact us today.