Reduced advisory fuel rates published by HMRC

Fuel Advisory Rates
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HMRC has published latest advisory fuel rates (AFRs) which bring reductions across most fuel types and sizes from 1 March 2016.

The new rates see a 1p per mile decrease for the small and midsized diesel engine categories and a 2p decrease for the over 2,000cc category.

In addition, there are 1p decreases for all petrol engine categories while all the rate for the midsized LPG category drops 1p per mile.

Company cars for 2016

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The new AFR figures (old ones in brackets) are:

Engine size Petrol LPG
1400cc or less 10p (11p) 7p (7p)
1401cc to 2000cc 12p (13p) 8p (9p)
Over 2000cc 19p (20p) 13p (13p)
Engine size Diesel
1600cc or less 8p (9p)
1601cc to 2000cc 10p (11p)
Over 2000cc 11p (13p)

Hybrid cars are treated as either petrol or diesel cars for this purpose.

Fleets can use the previous rates for up to one month from the date the new rates apply.