HMRC has released its latest advisory fuel rates (AFRs), to come into force from June 1.
All rates, apart from the rate for diesel cars with an engine of 1,600cc or less, have increased by 1p per mile (ppm). The rate for diesel cars with an engine of 1,600cc or less stays the same at 10ppm, while those with an engine from 1,600-2,000cc and over 2,000cc increase by a penny to 12ppm and 14ppm, respectively.
Petrol cars with an engine of 1,400cc or less will have a new rate of 12ppm, while those with an engine from 1,400-2,000cc and over 2,000cc will have an AFR of 15ppm and 22ppm, respectively.
Meanwhile, a LPG vehicle with an engine of 1,400cc or less increases to 8ppm, and for LPG vehicles with an engine from 1,401-2,000cc to 9ppm. LPG vehicles with an engine above 2,000cc will see an increase AFR from 13-14ppm.
The advisory electricity rate (AER) for plug-in cars remains unchanged at 4ppm.
Full tables are available on our Fleet FAQ page.
Sage & Onion - 28/05/2019 13:52
Is there any indication from HMRC yet on having an AFR rate for PHEV's? Or even any indicative BIK rates past 2021? HMRC advised we would have these for the Autumn statement in 2018, then they moved this to the Spring statement in 2019, then they said it would be a few months after but possibly would be the autumn statement in 2019. Meanwhile I have car drivers now who are reluctant to order a replacement lease car because of the unknown BIK factor. All I am advising them is to choose a low co2 car to control their BIK as best they can, but that doesn't always give the car to suit the job/personal need and so it looks like we will have cars go into informal and formal extensions.