Company car mileage rates are updated quarterly. These are the new figures known as AFRs – or Advisory Fuel Rates – for September 2023
Company car mileage rates are updated on a quarterly basis. These are the new figures known as AFRs – or Advisory Fuel Rates
NEW rates for company car drivers claiming back fuel costs from their employer have come into effect from 01 June 2022.
Known as the Advisory Fuel Rates (AFRs), fleet drivers can use AFRs for fuel reimbursement costs without incurring punitive fuel tax.
However, HM Revenue and Customs (HMRC) only reviews the rates quarterly.…
