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Advisory fuel rates for company cars

Simon Sturman

New company car advisory fuel rates have been published which took effect from 1 September 2017. The guidance states: ‘You can use the previous rates for up to one month from the date the new rates apply’. The rates only apply to employees using a company car.

The advisory fuel rates for journeys undertaken on or after 1 September 2017 are:

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The guidance states that the rates only apply when you either:

•         reimburse employees for business travel in their company cars

•         require employees to repay the cost of fuel used for private travel