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HMRC announces new advisory fuel rates

HM Revenue and Customs (HMRC) has published details of the latest advisory fuel rates that apply as from 1 March 2011.

The new rates cover journeys made on or after 1 March.

However, employers can opt to stick with the old rates for a month after the date of the change. Or they can switch to the new rates.

More information about the new rates can be found at http://www.hmrc.gov.uk/cars/advisory_fuel_current.htm