Advisory Fuel Rates from 1 June 2020
HM Revenue and Customs (HMRC) has updated its Advisory Fuel Rates (AFRs) from 1 June.
Under the new guidance, all but the advisory electric rates have been reduced, reflecting the falling fuel prices during the coronavirus crisis. The changes are as follows:
- Petrol engines over 2000cc decrease by 3 pence per mile from 20p to 17p
- Petrol engines between 1401 and 2000cc rate reduced by 2 pence per mile from 14p to 12p
- Petrol engines 1400cc or lower, […]