Advisory fuel rate for company cars

The table below sets out the HMRC advisory fuel rates from 1 December 2023. These are the suggested reimbursement rates for employees' private mileage using their company car.

The table below sets out the HMRC advisory fuel rates from 1 December 2023. These are the suggested reimbursement rates for employees' private mileage using their company car.

Where the employer does not pay for any fuel for the company car, these are the amounts that can be reimbursed in respect of business journeys without the amount being taxable on the employee.

Engine Size

Petrol

Diesel

LPG

1400cc or less

14p

(13p)

 

10p

1600cc or less

 

13p

(12p)

 

1401cc to 2000cc

16p

 

12p

1601 to 2000cc

 

15p

(14p)

 

Over 2000cc

26p

(25p)

20p

(19p)

18p

(19p)

Where there has been a change, the previous rate is shown in brackets.

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

Note that for hybrid cars you must use the petrol or diesel rate. For fully electric vehicles the rate is 9p (10p) per mile.

Please contact us if you need help in applying the new rates.

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