Fuel rates for company car drivers

HMRC has announced new advisory fuel rates, from 1 March 2021, for employees using a company car.

Engine size

Petrol – amount per mile

LPG – amount per mile

1400cc or less

10p

7p

1401cc to 2000cc

12p

8p

Over 2000cc

18p

12p

 

Engine size

Diesel – amount per mile

1600cc or less

9p

1601cc to 2000cc

11p

Over 2000cc

12p

 

The previous rates can be used for up to one month from the date the new rates apply.

A list of earlier rates can be found on the HMRC website.