New advisory fuel rates coming into play next week for employees' usage of company cars, following the latest quarterly update.
From 1 December 2021, the following advisory fuel rates are in place for petrol and LPG-fuelled company cars.
|Engine size||Petrol (per mile)||LPG (per mile)|
|1400cc or less||13p||9p|
|1401cc to 2000cc||15p||10p|
For company cars with diesel engines, the rates are:
|Engine size||Diesel (per mile)|
|1600cc or less||11p|
|1601cc to 2000cc||13p|
These rates apply when an employer reimburses employees for business travel in their company car and when employees are required to repay the cost of fuel used for private travel.
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