Budget 2007

Advisory Fuel Rates for Company Cars

From 1 February 2007 ¹

• Can be used where employers:
  • reimburse employees for business travel in company cars.
  • require employees to repay fuel costs for private travel.
• Employers can set alternative supported rates
• Subject to periodic review

¹ Transitionally the previous rates could be used up to 28 February 2007.

The figures shown here are subject to ammendment as the Finance Bill passes through Parliament.

This information has been prepared only as a topical guide to tax and personal financial matters. No responsibility can be accepted by us for loss occasioned to any person acting or refraining from acting as a result of any material contained in this publication.