These are the suggested reimbursement rates for employees’ private mileage using their company car from 1 December 2018.
Note that for hybrid cars you must use the equivalent petrol or diesel scale charge. However, it may be more beneficial to compute the actual cost.
Where there has been a change the previous rate is shown in brackets.
|1,400 cc or less||12p||8p (7p)|
|1,600 cc or less||10p|
|1,401 cc to 2,000 cc||15p||10p (9p)|
|1,601 cc to 2,000 cc||12p|
|over 2,000 cc||22p||14p (13p)||15p (13p)|
You can continue to use the previous rates for up to 1 month from the date the new rates apply.
For hybrid cars use the equivalent petrol or diesel rate. However, for wholly electric cars there is a new 4p advisory rate from 1 September 2018.
January 4th, 2019