HMRC advisory fuel rates

New HMRC advisory fuel rates from 1 March 2022

HMRC have published COMPANY CAR ADVISORY FUEL RATES FOR USE FROM 1 MARCH 2022.

 

The rates apply when employers reimburse employees for the cost of fuel for business travel in their company cars or require employees to repay the cost of fuel used for private travel. HMRC review rates quarterly on 1 March, 1 June, 1 September and 1 December.

 

What next?

If you would like to discuss how you apply HMRC fuel rates please get in touch with a member of Gravita’s tax team regarding how you apply HMRC fuel rates, please contact us.

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