New Advisory Fuel Rates from HMRC bring increases across the board
HMRC has published its Advisory Fuel Rates (AFRs), effective from 1 September 2022.
Most AFRs have now been increased 1-3ppm from 1 September 2022
Announced as pump prices have dipped slightly from their record high, the new AFRs see petrol rates hike up 1ppm for smaller engines, 1ppm for midsize and 2ppm for larger engines.
Diesel rates increase by 1ppm for smaller and midsize engines and 3ppm for larger engines.
For LPG-fuelled vehicles, rates go up by 1ppm for larger engines.
Meanwhile, the Advisory Electricity Rate (AER) for reimbursing electric company car mileage remains at 5ppm despite rising energy prices. This follows the 25% increase from 4ppm in the 1 December 2021 rate.
The new tables are as follows (old rates in brackets):
| Engine size | Petrol – amount per mile | LPG – amount per mile |
|---|---|---|
| 1400cc or less | 15 pence (14p) | 9 pence (9p) |
| 1401cc to 2000cc | 18 pence (17p) | 11 pence (11p) |
| Over 2000cc | 27 pence (25p) | 17 pence (16p) |
| Engine size | Diesel – amount per mile |
|---|---|
| 1600cc or less | 14 pence (13p) |
| 1601cc to 2000cc | 17 pence (16p) |
| Over 2000cc | 22 pence (19p) |
The previous rates can be used for up to one month from the date the new rates apply. Hybrid cars are treated as either petrol or diesel cars for AFR purposes.
The full list of rates can be viewed here, along with the tables for calculating them.
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.
