Published: 13/09/2023 By Hannah Duncan
HMRC review the advisory fuel rates on a quarterly basis, September being the latest review. These rates are for company car users and are effective from 1st September 2023. However, the rates from June 2023 can be used for up to one month from the date the new rates apply.The new advisory electric rate for fully electric cars will be 10 pence per mile. The electric rate will now be reviewed quarterly to be in line with all other advisory fuel rates.
For hybrid cars, these are treated as either petrol or diesel.
New rates are listed a table in our infographic below: