Advisory Fuel Rates For Company Cars

December 3rd, 2012

paul-brides

Group Tax Compliance Manager PAUL BRIDES advises on new company car advisory fuel rates that took effect from 1 June 2013.

The new rates will apply to all journeys on or after 1 June 2013 until further notice. Employers will then have a month long window where they can use either the previous or new current rates, as they choose.

Employers may therefore make or require supplementary payments if they so wish, but are under no obligation to do either.

The advisory fuel rates for journeys undertaken on or after 1 June 2013 are:

ENGINE SIZE PETROL LPG

1400cc or less: 15p 10p

1401cc – 2000cc: 17p 12p

Over 2000cc: 25p 18p

ENGINE SIZE DIESEL

1600cc: or less 12p

1601cc to 2000cc: 14p

Over 2000cc: 18p

Points to be aware of about the advisory fuel rates are:

For more information contact PAUL BRIDES on 0161 703 2500 or e-mail paul.brides@championgroup.co.uk


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