Advisory Fuel Rates Update

Advisory fuel rates picture

Advisory Fuel Rates from 1 March 2016

HM Revenue & Customs have published these new advisory fuel rates apply from 1 March 2016.

These rates should be used by employers when reimbursing their employees for business travel in their company cars, or where they require employees to repay the cost of fuel used for private travel.

You can use the previous rates for up to one month from the date the new rates apply, i.e. until 1 April 2016.

Engine Size
1400cc or Less
1401cc to 2000cc
Over 2000cc

Engine Size
1600cc or less
1601cc to 2000cc
Over 2000cc

Petrol – amount per mile
10 pence
12 pence
19 pence

Diesel – amount per mile
8 pence
10 pence
11 pence

LPG – amount per mile
7 pence
8 pence
13 pence

HM Revenue & Customs will review the advisory fuel rates each quarter, so keep an eye on any updates that may arise.

If you would like to read more on the advisory tax rates update from 1 March 2016, please follow this useful link.


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