With effect from 1st March 2017 the HMRC have updated their advisory fuel rates. The rates are as follows.
These rates apply from 1 March 2017. You can use the previous rates for up to one month from the date the new rates apply.
|Engine size||Petrol – amount per mile||LPG – amount per mile|
|1400cc or less||11 pence||7 pence|
|1401cc to 2000cc||14 pence||9 pence|
|Over 2000cc||22 pence||14 pence|
|Engine size||Diesel – amount per mile|
|1600cc or less||9 pence|
|1601cc to 2000cc||11 pence|
|Over 2000cc||13 pence|
Hybrid cars are treated as either petrol or diesel cars for this purpose.
As always, if you need to chat through your own circumstances please give us a call on 01244 401001