Car fuel advisory rates from 1 December 2016
From 1 December 2016, the advisory fuel rates have changed to:
1400cc or less: petrol 11p per mile, LPG 7p per mile
1401-2000cc: petrol 14p per mile, LPG 9p per mile
Over 2000cc: petrol 21p per mile, LPG 13p per mile
Diesel rates:
1600cc or less: 9p per mile
1601-2000cc: 11p per mile
Over 2000cc: 13p per mile
These rates can be used from 1 December 2016 to calculate the petrol content of mileage rates paid to employees, or as a basis to repay private petrol provided by employers for the use of a company car (see previous article).
Latest News
- High risk and all eggs in one basket - April 25, 2024
- More corporate red tape - April 23, 2024
- New employment protections - April 18, 2024
- Opening up small company reporting - April 16, 2024
- Boost for small businesses - April 12, 2024
- A new acronym - April 9, 2024
- Tax Diary April/May 2024 - April 5, 2024
- Still time to register for the Marriage Allowance - April 5, 2024