The UK’s inflation rate in August 2021, as measured by the CPI, was 3.2%....
Fuel rates for company car drivers
HMRC has announced new advisory fuel rates, from 1 September 2021, for employees using a company car.
Engine size | Petrol – amount per mile | LPG – amount per mile |
1400cc or less | 12p | 7p |
1401cc to 2000cc | 14p | 8p |
Over 2000cc | 20p | 12p |
Engine size | Diesel – amount per mile |
1600cc or less | 10p |
1601cc to 2000cc | 12p |
Over 2000cc | 15p |
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.