New Fuel Rates From September 2024

It’s that time of year, the new Fuel Rates are in place from September 2024.

Below we share what these are for Petrol, LPG, Diesel, Hybrid and Electric cars:

Hybrid cars are assessed under the same rules as normally aspirated cars.

From June 24, HMRC will be reviewing the rates for electric vehicles on a quarterly basis along with other advisory fuel rates. From September 24 the new rate for electric cars is to be 7 pence per mile. Expect this to rise in December due to the increase in the electricity price cap.

Get In Touch

For more information or advice, contact your local Whitings office today and ask to speak to a member of our Payroll Team today.

Disclaimer - All information in this post was correct at time of writing.