HMRC announces latest AFRs

The new rates see reductions of one pence per mile (1ppm) for mid and larger-engined petrol cars and also for LPG vehicles with engines over 2000cc. Rates stay the same for diesel cars.

The new AFR figures (old ones in brackets) are:

Engine size

Petrol

LPG

1400cc or less

11p (11p)

7p (7p)

1401cc to 2000cc

13p (14p)

9p (9p)

Over 2000cc

20p (21p)

13p (14p)

 

Engine size

Diesel

1600cc or less

9p (9p)

1601cc to 2000cc

11p (11p)

Over 2000cc

13p (13p)

 

Hybrid cars are treated as either petrol or diesel cars for this purpose.

Fleets can use the previous rates for up to one month from the date the new rates apply.

To use the Fleet World CO2 and Fuel Consumption Calculator web tool to find the cars with the lowest fuel costs, click here.

For more of the latest industry news, click here.

HMRC announces latest AFRs

The new rates see reductions for all categories.

The new AFR figures (old ones in brackets) are:

Engine size

Petrol

LPG

1400cc or less

11p (13p)

8p (9p)

1401cc to 2000cc

13p (16p)

10p (11p)

Over 2000cc

20p (23p)

14p (16p)

 

Engine size

Diesel

1600cc or less

9p (11p)

1601cc to 2000cc

11p (13p)

Over 2000cc

14p (16p)

Hybrid cars are treated as either petrol or diesel cars for this purpose.

Fleets can use the previous rates for up to one month from the date the new rates apply.

To use the Fleet World CO2 and Fuel Consumption Calculator web tool to find the cars with the lowest fuel costs, click here.

For more of the latest industry news, click 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.