HMRC Advisory Fuel Rates From December 2018

26th Nov 2018

New HMRC Advisory Fuel Rates from December 2018

 

The latest Advisory Fuel Rates (AFR) for company car drivers come into effect from the 1st December.

Rates are changed slightly from September with increases in both the Petrol and LPG rates for larger engine sizes.

The advisory electricity rate (AER) for plug-in cars remains unchanged at 4ppm after being newly introduced in September.

Hybrid and Plug-in hybrid company cars will continue to be treated as either petrol or diesel models for mileage reimbursement purposes.

Please take a look at our brief guide to AFR's which includes details of the new rates which come into effect from 1st December.

If you would like any further information about how these changes may impact you or your business don't hesitate to call us on 0330 056 3335 to speak to one of our Strategic Fleet Consultants.