Search
OPENING HOURS

Mon to Thurs 9-5 and Fri 9-3

CONTACT NUMBER

028 9263 4135

CONTACT EMAIL

info@exchangeaccountants.com

Car fuel advisory rates from 1 December 2016

2024 business resolutions

From 1 December 2016, the advisory fuel rates have changed to:

1400cc or less: petrol 11p per mile, LPG 7p per mile

1401-2000cc: petrol 14p per mile, LPG 9p per mile

Over 2000cc: petrol 21p per mile, LPG 13p per mile

Diesel rates:

1600cc or less: 9p per mile

1601-2000cc: 11p per mile

Over 2000cc: 13p per mile

These rates can be used from 1 December 2016 to calculate the petrol content of mileage rates paid to employees, or as a basis to repay private petrol provided by employers for the use of a company car (see previous article).

Share This Post