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HMRC announces new advisory fuel rates. Pearson May News Update - Wednesday 26 May

  1. Business reaction to the Queen’s Speech
  2. Queen’s Speech promises employment changes
  3. Queen’s Speech confirms tax plans
  4. HMRC announces new advisory fuel rates

HMRC announces new advisory fuel rates

HM Revenue and Customs (HMRC) has published a new list of advisory fuel rates for company car journeys.

The rates can take effect as from 1 June. But employers can choose, if they wish, to use the new rates or the old rates for a period of one month.

The rates can be found at http://www.hmrc.gov.uk/cars/advisory_fuel_current.htm

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