HMRC have published new advisory fuel rates for company car drivers which apply from 1 June 2022.
As might be expected all rates have increased, with the exception of the rate for electric cars which remains at 5p per mile for now.
The new rates per mile are:
Engine size |
Petrol |
Diesel |
LPG |
Electric* |
1,400cc or less |
14p |
9p |
5p |
|
1,600cc or less |
13p |
5p |
||
1,401cc - 2,000cc |
17p |
11p |
5p |
|
1,601cc to 2,000cc |
16p |
5p |
||
Over 2,000cc. |
25p |
19p |
16p |
5p |
* 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 2022, see Advisory fuel rates (company car drivers)
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