HMRC announces latest advisory fuel rates
HMRC has revealed latest advisory fuel rates, which take effect from 1 March 2021 and bring a number of changes.
The new rates bring a number of changes from 1 March 2021
For petrols, the rates for both engines from 1401cc to 2000cc and over 2000cc go up by a penny; reaching 12ppm and 18ppm respectively.
There are two changes for diesels; the rate for engines of 1600cc or less goes up by a penny, as does the rate for engines from 1601cc to 2000cc. They now stand at 9ppm and 11ppm respectively.
All other rates including the full suite for LPG-engined vehicles stay the same.
The electric vehicle rate remains at 4ppm.
The new tables are as follows (old rates in brackets):
| Engine size | Petrol – amount per mile | LPG – amount per mile |
|---|---|---|
| 1400cc or less | 10 pence (10p) | 7 pence (7p) |
| 1401cc to 2000cc | 12 pence (11p) | 8 pence (8p) |
| Over 2000cc | 18 pence (17p) | 12 pence (12p) |
| Engine size | Diesel – amount per mile |
|---|---|
| 1600cc or less | 9 pence (8p) |
| 1601cc to 2000cc | 11 pence (10p) |
| Over 2000cc | 12 pence (12p) |
As before, hybrid cars are to be treated as petrol or diesel vehicles.
The previous rates can be used for up to one month from the date the new rates apply.
The full table can be viewed here.
Natalie Middleton
Natalie has worked as a fleet journalist for over 20 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.
