Advisory
Fuel Rates for Company Cars |
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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