New fuel rates

Container of Gasoline

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HMRC have published revised Company Car advisory fuel rates to use from 1 September 2011.
These rates can be used to calculate private fuel costs reimbursed by employees on a mileage basis, or to calculate the amount of VAT input tax that employers can recover on company car mileage claims that are attributable to fuel rather than other running costs.

Petrol and LPG users (Engine size, Petrol, LPG pence per mile)

1400cc or less: 15p, 11p
1401cc to 2000cc: 18p, 12p
Over 2000cc: 26p, 18p

Diesel users (Engine size, Diesel pence per mile)

1600cc or less: 12p
1601cc to 2000cc: 15p
Over 2000cc: 18p

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