HMRC has published revised advisory fuel rates for company cars which apply from 1 December 2021 and reflect the increasing cost of fuel over the previous quarter. The rates are used where employers either reimburse employees for business travel in their company cars or require employees to repay the cost of fuel used for private travel. As usual, HMRC notes that the previous rates can be used for up to one month from the date of change.
HMRC has published revised advisory fuel rates for company cars which apply from 1 December 2021 and reflect the increasing cost of fuel over the previous quarter. The rates are used where employers either reimburse employees for business travel in their company cars or require employees to repay the cost of fuel used for private travel. As usual, HMRC notes that the previous rates can be used for up to one month from the date of change.
