HMRC have published their Advisory Mileage rates to be applied for employees provided with employer provided cars. The new rates come into force on 1 March 2016 although employers may use the current rates for one month after the new rates come into effect.
HMRC Advisory Fuel Rates are reviewed every three months on 01 March, 01 June, 01 September and 01 December. By way of a reminder, the advisory fuel rates are provided by HMRC for employers to apply where they:
Reimburse employees for business travel in their company cars, or Require employees to repay the cost of fuel used for private travel in company carsSince the move from the HMRC Website to gov.uk, the rates and associated information are published in three places:
Current rates at https://www.gov.uk/government/publications/advisory-fuel-rates
How rates are calculated at https://www.gov.uk/government/publications/advisory-fuel-rates/how-rates-are-calculated
Previous rates at https://www.gov.uk/government/publications/advisory-fuel-rates/previous-rates
Petrol and LPG
Diesel