Advisory fuel rate for company cars from 1st September 2019

on .

RWB_Fuel_Advisory_Rate_For_Comapny_Cars_2019

 

Here are our suggested reimbursement rates for employees' private mileage using their company car from 1st September 2019. Where there has been a change in the previous rate is shown in brackets below.

Engine Size

Petrol

Diesel

LPG

1400cc or less

12p 

 

8p

 

1600cc or less

 

10p

 

1401cc to 2000cc

14p

(15p)

 

10p

(9p)

1601 to 2000cc

 

11p

(12p)

 

Over 2000cc

21p

(22p)

14p

 

14p

 

 

You can continue to use the previous rates for up to 1 month from the date the new rates apply.  For hybrid cars use the equivalent petrol or diesel rate. However, for wholly electric cars there is a new 4p advisory rate from 1 September 2019.

We can help you.. 

If you or your business need tax advice or bookkeeping and payroll support, contact us today on 0115 964 8888 for a free consultation with one of our Directors or email us at enquiries@rwbca.co.uk.

The views provided in this article are for general information purposes only. Nothing in this article represents advice of any nature whatsoever. Accordingly, RWB CA Limited does not accept any liability or responsibility for the information contained in this article or any decision or other action that may be taken in reliance upon the information contained within it. RWB CA Limited accepts no responsibility for any errors of fact or opinion and assumes no obligation to provide you with any changes to its assumptions.  

Tags: Taxation Tax advice Company car Fuel Mileage

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