Latest advisory fuel rates for company cars

Published: 26th February 2025

Advisory fuel rates for company cars are updated by HMRC on a quarterly basis due to fluctuations in fuel prices. The rates determine the amount that can be paid to an employee using a company car for business mileage, or where an employee has to reimburse their employer for private journeys. Providing HMRC’s rates are used, there are no income tax consequences for the employee.

HMRC has now published the rates applicable from 1 March 2025. The rates per mile will be: