HM Revenue and Customs (HMRC) has left petrol and diesel Advisory Fuel Rates (AFRs) at the same level, while increasing one out of the three LPG bands.
In its quarterly review, HMRC calculated AFRs for the next three months based on petrol and diesel prices as of February 17 from the Department for Energy and Climate Change and the LPG UK average price from the AA website in January.
As a result, it has left all AFRs unchanged apart from increasing the LPG rate for cars with an engine size greater than 2,000cc. It goes up from 16p to 17p.
The latest rates, which organisations use to reimburse drivers for fuel used on business journeys, take effect from Saturday (March 1).
New rates in bold, previous rates in brackets.
Petrol
1400cc or less 14p (14p)
1401cc to 2000cc 16p (16p)
Over 2000cc 24p (24p)
Diesel
1600cc or less 12p (12p)
1601cc to 2000cc 14p (14p)
Over 2000cc 17p (17p)
LPG
1400cc or less 9p (9p)
1401cc to 2000cc 11p (11p)
Over 2000cc 17p (16p)
Login to comment
Comments
No comments have been made yet.