Reading Time | < 1 min 2nd April 2012

HMRC announces new advisory fuel rates

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HM Revenue and Customs (HMRC) has published the latest advisory fuel rates for company cars.

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

However, for a month from the introduction of the new rates, employers can, if they so choose, apply either the previous rates or the new rates.

Details of the changes can be found at http://www.hmrc.gov.uk/cars/advisory_fuel_current.htm