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Company Car Advisory Fuel Rates

These rates are the suggested reimbursement rates for employees’ private mileage in their company cars and are reviewed each quarter on 1 March, 1 June, 1 September and 1 December.  In line with an increase in fuel prices, the rates that apply from 1 June 2016 are shown below:

Engine Size

Petrol

Diesel

LPG

1,400 cc or less

10p

 

7p

1,600 cc or less

 

9p (8p)

 

1,401cc to 2,000cc

13p (12p)

 

9p (8p)

1,601cc to 2,000cc

 

10p

 

over 2,000cc

20p (19p)

12p (11p)

13p

 

Where there has been a change, the rates that applied prior to 1 June 2016 are shown in brackets.

You can use the previous rates for up to 1 month from the date the new rates apply.

If you reimburse your employees the tax free amount of 45p a mile (25p after 10,000 miles) for using their own car for business purposes, then 20/120ths of the above amounts can be reclaimed as input VAT by your business. For example, a diesel-engine car emitting over 2,000cc = 12p x 1/6 = 2p input VAT a mile.

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