New advisory fuel rates for company cars

New advisory fuel rates for company cars will apply to all journeys made on or after 1 June 2008:

Engine Size

Petrol

Diesel

LPG

1400cc or less

12p

13p

7p

1401cc to 2000cc

15p

13p

9p

Over 2000cc

21p

17p

13p

HMRC say:  “The recent fuel price increases which justify these AFR changes have happened very rapidly …  Consequently, where employers are able to do so, HMRC is content for the new rates to be implemented immediate, i.e. from 1 June.”