Advisory Fuel Rates From 1st June 2016

Where an employee pays for all the fuel when driving a company car, the employer may reimburse them tax free for the cost of business mileage travelled at the rates shown in the table below.  Similarly, where an employer has paid for all the fuel for a company car, the employee can avoid being subjected to a fuel scale charge  by reimbursing the employer using the same rates.

The rates below apply from 1st June 2016, but may be amended at any time, but usually quarterly, by HM Revenue & Customs to reflect shifting fuel prices.  The previous quarter’s figures are shown in the brackets.

Advisory fuel rates from 1st June 2016

If you need any assistance with the above, please feel free to contact us on 01752 752210.

 

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