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Sunday, 5 March 2017

Change to advisory fuel rate

HMRC published new rates for the next quarter in the week of 20th February, then made a further change on 27th February. The new rates come into force on 1st March and initially gave the rate for petrol engine vehicles above 2000cc at 20p per mile (down one penny).  The rate for LPG vehicles above 2000cc has increased by a penny a mile from 13p to 14p. Now, the figures show that the petrol rate has increased by one penny per mile rather than fallen as originally announced. The new rate will be 22 per mile.

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