HMRC has released its latest advisory fuel rates (AFRs) which will come into force from December 1.
The rates apply to all journeys made on or after 1 December until further notice. However, for one month from the date of change, employers may choose to use either the previous or new rates.
There are four changes: a 1p per mile increase for diesel-engined vehicles and LPG vehicles over 2,000cc and a 1ppm increase for petrol and LPG vehicles between 1,401cc and 2,000cc.
The new rates are as follows.
1600cc or less: 9p (no change)
1601cc to 2000cc: 11p (no change)
Over 2000cc: 13p (up by 1p)
1400cc or less: 11p (no change)
1401cc to 2000cc: 14p (up by 1p)
Over 2000cc: 21p (no change)
1400cc or less: 7p (no change)
1401cc to 2000cc: 9p (up by 1p)
Over 2000cc: 14p (up by 1p)
For more information, please visit our reclaimable mileage allowance section.