Unbelievably there were very few changes to the HMRC advisory fuel rates from 1 March 2022, which may not have been your experience at the filling station! Now that the increased prices have fed through into the HMRC calculations there are some significant increases from 1 June 2022, as set out in the table below….
Tag Archives: fuel rates; company cars
COMPANY OWNED VEHICLES HM Revenue and Customs have announced revised tax free advisory fuel rates from 1 March 2020 which may be paid for business journeys in a car owned by the business.  Rates for the previous quarter are shown in brackets. Engine size Petrol Diesel LPG 1,400 cc or less 12p (12p) 8p…