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