HMRC updates advisory fuel rates
HMRC has published updated advisory fuel rates (AFRs) for the next quarter with a change to the petrol rates, following its initial publication of the new figures last week.
The new rates had ushered in a 1p per mile decrease for petrol-engined vehicles over 2000cc along with a 1ppm increase for LPG-engined over 2000cc. However the petrol decrease has now been scrapped and replaced with a 1ppm increase on the last quarter’s rate, bringing it to 22ppm.
All other rates stay the same.
An HMRC spokesperson said: “The advisory fuel rate for petrol cars over 2000cc will be 22 pence per mile from 1 March 2017; we had previously published an incorrect figure of 20 pence per mile, and apologise for the error.”
The new AFR figures (ones for the previous quarter in brackets) are:
|1400cc or less||11p (11p)||7p (7p)|
|1401cc to 2000cc||14p (14p)||9p (9p)|
|Over 2000cc||22p (21p)||14p (13p)|
|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.