Advisory Fuel Rates For Company Cars

By 4th June 2018 Latest News

Advisory Fuel Rates For Company Cars

New company car advisory fuel rates have been published which take effect from 1st June 2018.

The guidance states: ‘You can use the previous rates for up to one month from the date the new rates apply’. The rates only apply to employees using a company car.

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The guidance states that the rates only apply when you either:
  • Reimburse employees for business travel in their company cars
  • Require employees to repay the cost of fuel used for private travel

You must not use these rates in any other circumstances.

If you would like to discuss your car policy, please contact us.

Internet link: GOV.UK AFR

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