HMRC has published the first quarterly advisory fuel rates for 2023
From 1 March 2023, the rates for electric cars increase by 1 penny to 9p per mile. The rates for petrol cars and diesel cars fall by between 1p and 3p per mile depending on the engine size of the car. The rates for LPG cars remain unchanged if the engine size is 1,400cc or less and fall by 1p per mile otherwise.
Employers can use previous rates for up to one month after the date the new rates apply.
These rates only apply to employees using a company car
| Engine Size | Petrol | Diesel | LPG |
| 1400cc or less | 13p (14p) | 10p | |
| 1600cc or less | 13p (14p) | ||
| 1401cc to 2000cc | 15p (17p) | 11p (12p) | |
| 1601 to 2000cc | 15p (17p) | ||
| Over 2000cc | 23p (26p) | 20p (22p) | 17p (18p) |
Please talk with us if you require any additional assistance.
