18 Dec 2012
December 18, 2012

Minor change to company car fuel rates

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HMRC have announced slightly altered fuel rates for company cars. The figures apply to all journeys on or after 1 December 2012, until further notice.

For one month from the date of change, employers may use either the previous or new rates, of which only the LPG column has changed.

Firms may, therefore, make or require supplementary payments, but are under no obligation to do either.

Petrol hybrid cars are treated as petrol cars for this purpose. The amounts can be used for VAT, but employers will need to retain receipts.

ENGINE SIZE

1,400cc or less

1,401cc to 2,000cc

over 2,000cc

 

ENGINE SIZE

1,600cc or less

1,601cc to 2,000cc

over 2,000cc

PETROL

15p

18p

26p

 

DIESEL

12p

15p

18p

LPG

11p

13p

18p