HMRC has published the advisory fuel rates to operate from 1 June 2013.

Advisory fuel rates are HMRC-approved rates which apply where employers reimburse for business travel in their company cars, and where employees reimburse the cost of fuel for private travel in a company car. Using the advisory rates will mean that there is no fuel benefit charge. HMRC will also accept the figures in the table for VAT purposes, though employers will need to retain receipts.

The new rates apply to all journeys on or after 1 June 2013 until further notice. For one month from the date of change, employers may use either the previous or new current rates, as they choose.