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:
|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|
* 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
As always if you have any questions relating to this, please don’t hesitate to contact us