Magee Gammon News Advisory fuel rate for company cars 

Advisory fuel rate for company cars 

The table below sets out the HMRC advisory fuel rates from 1 June 2023. These are the suggested reimbursement rates for employees’ private mileage using their company car. Where the employer does not pay for any fuel for the company car these are the amounts that can be reimbursed in respect of business journeys without the amount being taxable on the employee. 


Engine Size  Petrol  Diesel  LPG 
1400cc or less  13p    10p 
1600cc or less    12p 


1401cc to 2000cc  15p    12p 


1601 to 2000cc    14p 


Over 2000cc  23p  18p 




Where there has been a change, the previous rate is shown in brackets. 

You can also continue to use the previous rates for up to 1 month from the date the new rates apply. Note that for hybrid cars you must use the petrol or diesel rate. For fully electric vehicles the rate is 9p (8p) per mile. 

Please contact us if you need any further clarification. 

Related Posts