Advisory Fuel Rates From March 2019
Revised HMRC Advisory Fuel Rates In Place From March 2019
The HMRC have issued new AFR rates from 1st March 2019 with key changes noted below:
- Rates are changed slightly from 2018 with decreases in both the Petrol and Diesel rates across all engine sizes.
- Hybrid and Plug-in hybrid company cars will continue to be treated as either petrol or diesel models for mileage reimbursement purposes.
- These rates only apply to employees using a company car, for employees using their own vehicle on company business Approved Mileage Allowance Payment Rates (AMAPs) can be used instead.
- These rates will be in place until the HMRC issue revised rates
Please take a look at our brief guide to AFR's which includes details of the new rates which come into effect from 1st March 2019.
If you would like any further information about how these changes may impact you or your business don't hesitate to call us on 0330 056 3335 to speak to one of our Strategic Fleet Consultants.