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Where Taxpayers and Advisers Meet
New company car fuel rates
31/01/2007, by Sarah Laing, Tax News - HMRC Administration, Practice and Methods
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HMRC have published new rates for company fuel which apply to all journeys on or after 1 February 2007.

The new rates are as follows:

Engine size Petrol Diesel LPG 
1400cc or less 9p 9p 6p
1401 to 2000cc 11p 9p 7p
Over 2000cc 16p 12p 10p

Link

HMRC Company Cars - Advisory Fuel Rates for Company Cars from 1 February 2007

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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