Advisory Fuel Rates: New Advisory Electricity Rate
26th September 2023
The latest Advisory Fuel Rates (AFR’s) for electric company vehicles took effect from 1st September 2023, with the new rate set at 10p per mile (previously 9p per mile). The latest diesel, petrol & hybrid rates are listed below:
Diesel
| Engine size (cc) | Fuel price (per litre) | Rate per mile |
Advisory fuel rate |
| Up to 1600 | 148.2 pence | 11.9 pence |
12 pence |
| 1601 to 2000 | 148.2 pence | 14.0 pence |
14 pence |
| Over 2000 | 148.2 pence | 18.6 pence |
19 pence |
Petrol
| Engine size (cc) | Fuel price (per litre) | Rate per mile |
Advisory fuel rate |
|
Up to 1400 |
146.2 pence | 13.4 pence |
13 pence |
|
1401 to 2000 |
146.2 pence | 15.8 pence |
16 pence |
|
Over 2000 |
146.2 pence | 24.9 pence |
25 pence |
LPG
|
Engine size (cc) |
Fuel price (per litre) | Rate per mile |
Advisory fuel rate |
|
Up to 1400 |
87.3 pence | 10.0 pence |
10 pence |
|
1401 to 2000 |
87.3 pence | 11.8 pence |
12 pence |
|
Over 2000 |
87.3 pence | 18.6 pence |
19 pence |
For more information or advice, please do get in touch with your local Whitings LLP Office.
Disclaimer - All information in this post was correct at time of writing.
