HMRC have published new advisory fuel rates for company car drivers which apply from 1 June 2021. Most rates have increased from the rates applicable for the previous three months.

Rates for fully electric cars have remained at 4p per mile since their introduction in September 2018.

The new rates per mile are:

Engine size

Petrol

Diesel

LPG

Electric*

1,400cc or less

11p

 

8p

4p

1,600cc or less

 

9p

 

4p

1,401cc - 2,000cc

13p

 

9p

4p

1,601cc to 2,000cc

 

11p

 

4p

Over 2,000cc.

19p

13p

14p

4p

* Fully electric cars only

Hybrid cars are treated as either petrol or diesel cars for these purposes.

The old rates may be used until 30 June 2021, see Advisory fuel rates (company car drivers)

Useful guides on this topic

Company cars 
Company car tax: How do you work out car benefit? How do you work out car fuel benefit? Are there savings for low emissions vehicles? 


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