Advisory fuel rates for company cars
New company car advisory fuel rates have been published to take effect from 1 September 2013. HMRC's website states:
'These rates apply to all journeys on or after 1 September 2013 until further notice. For one month from the date of change, employers may use either the previous or new current rates, as they choose. Employers may therefore make or require supplementary payments if they so wish, but are under no obligation to do either.'
The advisory fuel rates for journeys undertaken on or after 1 September 2013 are:
Please note that not all of the rates have been amended, so care must be taken to apply the correct rate. The amounts for the previous quarter are shown in brackets where the rate has been amended.
Other points to be aware of about the advisory fuel rates:
If you would like to discuss your car policy, please contact us.
Internet link: HMRC advisory fuel rates