- New rates will come into effect on December 1
- All petrol rates reduce and most of diesel
- Hybrid cars are treated as either petrol or diesel cars
HM Revenue and Customs (HMRC) has reviewed the current Advisory Fuel Rates (AFRs) which brings changes to most petrol, diesel and LPG payments.
Starting on December 1, most prices have been reduced by up to 2ppm in reaction to the recent drop in fuel prices.
The reimbursement rate for diesel engines from 1,601cc to 2,000cc has gone down by a penny to 14ppm and for engines above 2,000cc there's also a 1p reduction. Rates for engines below 1,601cc remain unchanged.
Petrol engine rates see changes to all rates. Engines between 1,401cc to 2,000cc drop from 18ppm to 16ppm, and from 26ppm to 24ppm for cars powered by an engine above 2000cc. Engines below 1,400cc drop by 1p to 14ppm.
LPG mileage rates have remained unchanged except for engines that are 1,400cc or less falling by 1p.
For those company car drivers with hybrid cars, they are treated as either petrol or diesel cars and should use the rate that applies below.
AFRs are set by the Government and reviewed four times a year. These figures are recommended as a guideline for companies to set for their drivers when claiming back business miles. Although companies do not have to follow these guidelines, most do.
See the full list of new mileage rates below.
The AFRs will be reviewed again for March 1 2014.
1,400cc or less - 14p
1,401-2,000cc - 16p
Over 2,000cc - 24p
1,600cc or less - 12p
1,601-2,000cc - 14p
Over 2,000cc - 17p
1,400cc or less - 9p
1,401-2,000cc - 11p
Over 2,000cc - 16p