Advisory fuel rates are HMRC recommended amounts that company car drivers can use to reclaim business mileage. The rate is based on fuel prices every quarter and are revised if required in late February, May, August and November each year. The following rates take effect from 1 December 2017.
Engine size Petrol – per mile LPG – per mile Engine size Diesel – per mile
1400cc or less 11p 7p 1600cc or less 9p
1401cc to 2000cc 14p 9p 1601cc to 2000cc 11p
Over 2000cc 21p 14p Over 2000cc 13p
HMRC allows a period of one month following any changes during which the previous quarters rates will still be accepted.
