Taxing Stuff,Topical Issues

Changes to Fuel Rates – effective 1st June 201204 Jun

For all business journeys undertaken on or after 1st June 2012, the new fuel rates are as follows:

Engine Size

Petrol

Diesel

LPG

1400cc or less

15p (15p)

11p (10p)

1401cc 0 2000cc

18p (18p)

13p (12p)

Over 2000cc

26p (26p)

19p (18p)

1600cc

12p (13p)

1601cc – 2000cc

15p (15p)

Over 2000cc

18p (19p)

 

For More Information see : www.hmrc.gov.uk/cars/advisory_fuel_current.htm

The rates are now to be reviewed four times a year. Any changes will take effect at the beginning of each calendar quarter – on 1 March, 1 June, 1 September and 1 December and will be published on the HM Revenue & Customs (HMRC) website shortly before the date of change.

 

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