Advisory Fuel Rates from 1 March 2020

The Government are implementing new rates that apply to employees using a company car.

These rates will apply from 1 March 2020 . You will be able to use the previous rates for up to 1 month from the date the new rates being introduced.

For more information please visit:

https://www.gov.uk/government/publications/advisory-fuel-rates/advisory-fuel-rates-from-1-march-2016

Hybrid cars are treated as either petrol or diesel cars for this purpose.

Advisory Electricity Rate

The Advisory Electricity Rate for fully electric cars is 4 pence per mile.

Electricity is not a fuel for car fuel benefit purposes.

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