HMRC announces new advisory fuel rates – 1 March 2011
HM Revenue and Customs (HMRC) has published details of the latest advisory fuel rates that apply as from 1 March 2011.
The new rates cover journeys made on or after 1 March.
However, employers can opt to stick with the old rates for a month after the date of the change. Or they can switch to the new rates.
More information about the new rates can be found at http://www.hmrc.gov.uk/cars/advisory_fuel_current.htm