HMRC advisory fuel rates for company car users from 1 December 2021

Fuel

 

HMRC has published the latest advisory fuel rates for company car users, which see mileage rates increase. 

 

The previous rates, effective from 1 September 2021, can be used for up to one month from the date the new rates apply.

 

 

The new rates from December 2021 are;

Engine Size

Petrol (per mile)

LPG (per mile)

1400cc or less

13p

9p

1401cc to 2000cc

15p

10p

Over 2000cc

22p

15p

 

Engine Size

Diesel (per mile)

1600cc or less

11p

1601 to 2000cc

13p

Over 2000cc

16p

 

Hybrid cars are treated as either petrol or diesel cars for this purpose, while the advisory electricity rate for fully-electric cars is 5p per mile.

 

These rates apply when an employer reimburses employees for business travel in their company car and when employees are required to repay the cost of fuel used for private travel.