HMRC has announced new advisory fuel rates (AFRs) for company cars. They apply to all journeys on or after 1 June 2022 for company car drivers claiming back fuels costs from their employer.
Hybrid cars are treated as either petrol or diesel cars for this purpose. The advisory rate for fully electric cars is 5p a mile.
| Engine Size | Petrol | LPG |
| 1400cc or less | 14p | 9p |
| 1401cc to 2000cc | 17p | 11p |
| Over 2000cc | 25p | 16p |
| Engine Size | Diesel |
| 1600cc or less | 13p |
| 1601cc to 2000cc | 16p |
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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 errors or omission or for any person acting on or refraining from acting on the information provided in the above
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