Company Cars – Advisory Fuel Rates – New rates effective 1 July 2008Monday, June 9th, 2008
HMRC has given one month’s notice of new advisory fuel rates that apply from 1 July 2008. However, as the recent increase in fuel rates has happened very quickly and car drivers are already incurring higher costs, HMRC has stated that the new rates may be applied from 1 June 2008 if employers are able to do so.
- petrol – 114.8p per litre (521.8p per gallon)
- diesel – 127.2p per litre (578.3p per gallon)
- LPG – 57.1 p per litre (259.6p per gallon).
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