Advisory fuel rates from 1 March 2022

HMRC have published new advisory fuel rates for company car drivers which apply from 1 March 2022. 

All rates have remained the same, including those for electric cars, with the exception of the rate for smaller-engined LPG cars which has been reduced. With the current rising cost of fuel it seems likely that the rates may increase when they next change, on 1 June 2022.

The new rates per mile are:

* Fully electric cars only

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

The old rates may be used until 31 March 2022, 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?