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Where Taxpayers and Advisers Meet
New fuel advisory rates announced
06/06/2009, by Sarah Laing, Tax News - Business Tax
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HMRC have published revised advisory fuel rates for company car users, which take effect from 1 July 2009.

The revised figures give about one month's notice of the changes and apply to all journeys on or after 1 July 2009 until further notice. As was done for previous rates, HMRC are content for the new rates to be implemented immediately where employers are able and wish to do so. 

The new rates are as follows:

Engine size Petrol  Diesel LPG
 1400cc or less 10p 11p 7p
 1400cc to 2000cc 12p 11p 9p
 Over 2000cc 17p 14p 12p

Petrol hybrid cars are treated as petrol cars for this purpose.

Customs will also accept the figures in the table for VAT purposes though employers will need to retain receipts in line with current legislation.

Link

HMRC Advisory fuel rates

About The Author

Sarah Laing
Editor, TaxationWeb News

Sarah is a Chartered Tax Adviser. She has been writing professionally since joining CCH Editions in 1998 as a Senior Technical Editor, contributing to a range of highly regarded publications including the British Tax Reporter, Taxes - The Weekly Tax News, the Red & Green legislation volumes, Hardman's, International Tax Agreements and many others. She became Publishing Manager for the tax and accounting portfolio in 2001 and later went on to help run CCH Seminars (including ABG Courses and Conferences).

Sarah originally worked for the Inland Revenue in Newbury and Swindon Tax Offices, before moving out into practice in 1991. She has worked for both small and Big 5 firms. She now works as a freelance author providing technical writing services for the tax and accountancy profession.

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abelljms 05/07/2009 10:04

the rates we all care about are the only two never mentioned - FPCS<br /> this is what most punters claim<br /> has the 40p for 1st 10,000 miles finally gone up<br /> ditto 25p over 10k.?<br /> hmrcy can't even b bovvered to put a link off the 'wrong' table to the right one