HMRC has published the latest Advisory Fuel Rates (AFRs) which apply from 1 June 2025. AFRs are the official rates used when reimbursing employees for business mileage in company cars. They’re reviewed every quarter (February, May, August and November) and adjusted in line with fuel prices.
Why This Matters:
For employers – Keeping up to date with AFRs helps you stay compliant with HMRC rules and makes sure you reimburse business travel fairly – without paying too much or too little.
For employees – Knowing the current AFRs means you can confidently claim the right amount for business mileage and avoid being out of pocket. It also clarifies what needs to be repaid for private travel.
What to do next
Review your policies: Update any internal expense and reimbursement policies to reflect the new rates.
Communicate with your team: Make sure everyone knows the new rates and how to submit claims correctly.
Keep an eye on changes: AFRs are reviewed quarterly, so watch for the next update.
Updated Advisory Fuel Rates from 1 June 2024
The advisory fuel rates are worked out from the fuel prices in these tables.
HB Accountants are here to help you and your business. We keep businesses and invidiuals informed, keep you and or your business compliant. If you would like to speak to us about how we can help you or your business, get in touch with us on 01992 444466..
The information contained above is for general guidance purposes only. Whilst every effort has been made to ensure the contents are accurate, please note that each individual has different circumstances and it is essential that you seek appropriate professional advice before you act on any of the information contained herein. HB Accountants can accept no liability for any error.
HMRC has published the latest Advisory Fuel Rates (AFRs) which apply from 1 June 2025. AFRs are the official rates used when reimbursing employees for business mileage in company cars. They’re reviewed every quarter (February, May, August and November) and adjusted in line with fuel prices. Why This Matters: For employers – Keeping up to … Continue reading →
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HMRC has published the latest Advisory Fuel Rates (AFRs) which apply from 1 June 2025. AFRs are the official rates used when reimbursing employees for business mileage in company cars. They’re reviewed every quarter (February, May, August and November) and adjusted in line with fuel prices. Why This Matters: For employers – Keeping up to … Continue reading
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