Advisory fuel rate for company cars – December 2021

HMRC have again increased the advisory fuel rates December 2021 that apply for the reimbursement of employees’ private fuel for their company cars.

The new rates apply from 1 December 2021, but you can continue to use the previous rates for up to 1 month from the date the new rates apply. Where there has been a change the previous rate is shown in brackets:-

You can continue to use the previous rates for up to 1 month from the date the new rates apply.  For wholly electric cars there is a 5p (was 4p) advisory rate. Note that for hybrid cars use the equivalent petrol or diesel rate.

HMRC have again increased the advisory fuel rates December. Do you have company cars?

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