The advisory fuel rates should only be used in the following circumstances:
- to reimburse employees for business travel in their company cars
- to require employees to repay the cost of fuel for private travel
Advisory fuel rates (per mile) from the 1 December 2014 are:
| Engine Size | Petrol | LPG | Diesel |
| 1400CC or Less | 13p | 9p | |
| 1401CC to 2000CC | 16p | 11P | |
| 1600cc or less | 11p | ||
| 1601cc to 2000cc | 13p | ||
| Over 2000cc | 23p | 16p | 16p |
These are not to be confused with the mileage payments for business travel.
The current rate per business mile for a car is as follows:
- For Tax purposes – 45pence for the first 10,000 business miles in a tax year, then 25 pence for each subsequent mile.
- For National Insurance Contribution (NIC’s) purposes – 45 pence for all business miles.
The current rate per business mile for a motorcycle is 24 pence for both tax and NIC’s purposes and for all business miles.
If you travel ?as a result of running your business (other than home to work) and:
- Are unsure on what you can claim
- Are considering your options regarding the company purchasing a vehicle
- Want to understand the rules around company car benefits in kind
- Are unsure whether to lease or buy a vehicle
- Or anything else associated with business travel.
Please contact business works so that we can ensure the advice you are given is specific to your circumstances.
Call us on 0113 2864486
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