HMRC updates advisory fuel rates
HMRC has published latest advisory fuel rates, which take effect from 1 September 2020 and reflect changes in fuel prices over the summer.
The new rates include a number of changes for petrol, diesel and LPG vehicles
All petrol (pence per mile) rates are unchanged while LPGs see 1ppm increases for smaller and larger-engined cars.
And diesels in the 1601cc to 2000cc category get a 1p increase from 8ppm to 9ppm for the third quarter.
The rest of the rates remain the same, including the electric vehicle rate, which is still 4ppm. There’s also still no rates for plug-in hybrids despite the fleet industry has repeatedly called for them to help ensure 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 | 10 pence (10p) | 7 pence (6p) |
| 1401cc to 2000cc | 12 pence (12p) | 8 pence (8p) |
| Over 2000cc | 17 pence (17) | 12 pence (11p) |
| Engine size | Diesel – amount per mile |
|---|---|
| 1600cc or less | 8 pence (8p) |
| 1601cc to 2000cc | 10 pence (9p) |
| Over 2000cc | 12 pence (12p) |
As before, hybrid cars are to be treated as petrol or diesel vehicles.
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.
One Comment
Gurvir26. Aug, 2020
Disappointed. Fuel prices have gone back up to usual prices after the pandemic yet petrol is still 12p under 2000cc? Petrol drivers will be losing money due to this. It should be going back to 14p atleast