Fleet World Workshop Tools
Car Tax Calculator
CO2 Calculator
Car Comparator
Van Tax Calculator
EV Car Comparator
BiK Rates Company Car Tax

HMRC announces latest advisory fuel rates

HMRC has published latest advisory fuel rates, which take effect from 1 March 2020 and bring a number of changes.

The new rates bring a number of changes for petrol, diesel and LPG vehicles

The new rates see a 1ppm (pence per mile) reduction for both petrol and diesel engines over 2,000cc while the rate for LPG-engined vehicles from 1,401cc to 2,000cc also drops 1ppm.

The rest of the rates remain the same, including the electric vehicle rate, which is still 4ppm. Rates for plug-in hybrids have still not been announced although the fleet industry has regularly spoken out about their importance in ensuring PHEVs are correctly used.

The new tables are as follows (old rates in brackets):

Engine size Petrol – amount per mile LPG – amount per mile
1400cc or less 12 pence (12p) 8 pence (8p)
1401cc to 2000cc 14 pence (14p) 10 pence (9p)
Over 2000cc 20 pence (21p) 14 pence (14p)
Engine size Diesel – amount per mile
1600cc or less 9 pence (9p)
1601cc to 2000cc 11 pence (11p)
Over 2000cc 13 pence (14p)

As before, hybrid cars are to be treated as petrol or diesel vehicles.

The full table can be viewed here.

For more of the latest industry news, click here.

Natalie Middleton

Natalie has worked as a fleet journalist for 16 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. As Business Editor, Natalie ensures the group websites and newsletters are updated with the latest news.