New advisory fuel rates for company cars
HMRC has announced new fuel rates for company cars that apply to all journeys on or after 1 June 2013.
Employers may use either the previous or new rates for one month from the date of change. The amounts can be used for VAT, but employers must retain receipts.
The rates are:
|1,400cc or less||15p||10p|
|1,401cc to 2,000cc||17p||12p|
|1,600cc or less||12p|
|1,601cc to 2,000cc||14p|
Date: 25th June, 2013
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