The new advisory fuel rates have been released by the HMRC.
These rates will apply from the 1st of June 2021.
A number of changes are included, for example the below are all up by a penny:
- Petrol engine up to 1401cc (Now 11ppm)
- Petrol engine 1401cc – 2000cc (Now 13ppm)
- Petrol engine over 2000cc (Now 19ppm)
- Diesel with engines over 2,000cc (Now 13ppm)
As well as a number of changes to rates for LPG-powered vehicles. However, the rates for Diesel engines on 1,600cc, 1,601-2,000cc and plug-in cars remain unchained. Hybrids are still to be treated as a petrol or diesel vehicle.
For a full list of changes please refer to the HMRC Advisory Fuel Rates page, linked to below.
You can find about advisory fuel rates for company car users, when you can use them, and how they’re calculated at Advisory fuel rates – GOV.UK (www.gov.uk)