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8th Jun 2020 | Posted by:
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HMRC advisory fuel rates from 1 June 2020
HMRC have published company car advisory fuel rates for use from 1 June 2020.
The rates apply when employers reimburse employees for the cost of fuel for business travel in their company cars or require employees to repay the cost of fuel used for private travel. HMRC review rates quarterly on 1 March, 1 June, 1 September and 1 December.
These rates apply from 1 June 2020. You can use the previous rates for up to 1 month from the date the new rates apply.
| Engine size | Petrol – amount per mile | LPG – amount per mile |
|---|---|---|
| 1400cc or less | 10 pence | 6 pence |
| 1401cc to 2000cc | 12 pence | 8 pence |
| Over 2000cc | 17 pence | 11 pence |
| Engine size | Diesel – amount per mile |
|---|---|
| 1600cc or less | 8 pence |
| 1601cc to 2000cc | 9 pence |
| Over 2000cc | 12 pence |
Hybrid cars are treated as either petrol or diesel cars for this purpose.
Advisory Electricity Rate
The Advisory Electricity Rate for fully electric cars is 4 pence per mile.
Electricity is not a fuel for car fuel benefit purposes.
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