HMRC has released its latest advisory fuel rates (AFRs), which will come into force from March 1.
There are three changes: a 1p per mile increase for petrol-engined vehicles over 2,000cc, and 1ppm decreases for LPG vehicles between 1,401cc and 2,000cc, and for LPG vehicles above 2,000cc
The below rates apply from 1 March 2018. You can use the previous rates for up to 1 month from the date the new rates apply. These rates only apply to employees using a company car.
Petrol and LPG
|Engine size||Petrol – amount per mile||LPG – amount per mile|
|1400cc or less||11 pence||7 pence|
|1401cc to 2000cc||14 pence||8 pence|
|Over 2000cc||22 pence||13 pence|
|Engine size||Diesel – amount per mile|
|1600cc or less||9 pence|
|1601cc to 2000cc||11 pence|
|Over 2000cc||13 pence|
Hybrid cars are treated as either petrol or diesel cars for this purpose.