Advisory Fuel rates from 1 September 2013

HMRC has published the advisory fuel rates to be used from 1 September 2013.  Advisory fuel rates are HMRC approved rates which apply where employers reimburse employees for business travel. Using advisory rates will mean there is no fuel benefit charge. HMRC will also accept the figures in the table for vat purposes, though employers will need to keep receipts.

New rates per mile are:

Engine Size         Petrol     LPG
1400cc or less         15p       10p
1401 to 2000cc        18p       11p
Over 2000cc            26p       16p

Engine Size         Diesel
1600cc or less         12p
1601 to 2000cc        15p
Over 2000cc            18p

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