New advisory fuel rates for company cars
Revised advisory fuel rates for company cars took effect from 1 December 2010.
For one month from the date of change, employers were allowed to use either the previous or new current rates, as they chose. Employers making or collecting payments at the superseded rate may use their judgement on whether to make or require a second payment in respect of the same period in order to apply the new rate from its effective date.
However, employers should note that under the normal rules, employees are only able to avoid the car fuel benefit charge if the amount they repay in respect of private fuel at least equals the amounts based on the published rates.
|1400cc or less||13p||12p||9p|
|1401cc to 2000cc||15p||12p||10p|
Petrol hybrid cars are treated as petrol cars for this purpose.
These figures can also be used for VAT purposes although businesses also need to retain fuel receipts.