HMRC has published new Advisory Fuel Rates for company car drivers claiming fuel expenses. The new rates, which took effect on 1 September 2020, see the AFR pence per mile (PPM) for petrol remaining unchanged. Two of the rates for diesel cars (1600cc or less and over 2000cc) also remain unchanged. For diesel cars with an engine size from 1601cc to 2000cc there has … Read More "New Advisory Fuel Rates published"
HMRC will introduce an advisory fuel rate (AFR) for pure electric cars from September 1 at 4 pence per mile. The new rate called the Advisory Electricity Rate (AER), has been set at 4p per mile and will be published alongside AFRs for petrol, diesel and LPG (liquefied petroleum gas) cars based on engine size. Plug-in hybrid … Read More "HMRC to publish AFR for 100% electric cars from September"
HMRC has announced the latest Advisory Fuel Rates that apply from 1 December 2015. The new rates see reductions of one pence per mile (1ppm) for mid and larger-engined petrol cars and also for LPG vehicles with engines over 2000cc. Rates stay the same for diesel cars. The new AFR figures (old ones in brackets) … Read More "HMRC announces latest Advisory Fuel Rates"
