The company car advisory fuel rates have been published. The rates below apply to all journeys on or after 1 September 2020.
Engine Size | Petrol – amount per mile | LPG – amount per mile |
1400cc or less | 10p | 7p |
1401cc to 2000cc | 12p | 8p |
Over 2000cc | 17p | 12p |
Engine Size | Diesel – amount per mile |
1600cc or less | 8p |
1601cc to 2000cc | 10p |
Over 2000cc | 12p |
Hybrid cars are treated as either petrol or diesel cars for this purpose.
Advisory Electric Cars Rate
The Advisory Electricity Rate for fully electric cars is 4 pence per mile.
The next advisory fuel rate review will take place on 1 December 2020.
Aspire Business Partnership ("Aspire") provide WK1 with practical and commercially sound advice in relation to all aspects of compliance, business strategy and conflict resolution. WK1 engage Aspire on a retained basis through which Aspire provide WK1 with advice on an ad-hoc basis.
