Advisory Fuel Rates & Mileage Rates from June 2015

New Rates: HMRC has updated its advisory fuel rates (AFRs). These apply from 1 June 2015. The table below shows the new AFRs with the previous figures in brackets.

Private journeys. AFRs can be used to avoid tax charges where your business pays for fuel used in a company car which you use for private journeys, or where you pay for fuel used in your company care or van and an allowance is paid to cover any business travel.

 

ENGINE SIZE	PETROL P/MILE	LPG P/MILE	DIESEL P/MILE
Up to 1,400 cc	12p (13p)	8p (9p)	10p (11p)
1,401 cc to 1,600 cc	14p	9p	10p
1,601 cc to 2,000 cc	14p	9p	12p
Over 2,000 cc	21p (23p)	14p (16p)	14p (16p)

 

Mileage rates

Changes to the HMRC business mileage rates are announced from time to time. The rates from 1 June 2015 are as follows:

Vehicle	First 10,000 miles	Thereafter
Car / Van	45p	25p
Motorcycle	24p	24p
Bicycle	20p	20p