Advisory Fuel Rates for Company Cars
August 2006
HMRC have announced new
rates for journeys on or after 1 July 2006. These rates
apply to company car drivers who are reimbursed for
business miles driven. The rates can also be used by
company car drivers who claim all their fuel costs
and then reimburse their employer for their private
mileage.
| Engine Size |
Petrol |
Diesel |
LPG |
| 1400cc or less |
11p (10p) |
10p (9p) |
7p (7p) |
| 1401cc to 2000cc |
13p (12p) |
10p (9p) |
8p (8p) |
| Over 2000cc |
18p (16p) |
14p (13p) |
11p (10p) |
Employers can increase the rates paid to the above
amounts without having to agree them with HMRC.
There has been no increase to the 40p a mile rate
which applies to the first 10,000 business miles driven
by an employee in their own car. The employee car rate
drops to 25p per mile after 10,000 miles.
Internet link:
HMRC website
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