Disclaimer: “Managed Rate Administration is a licensed service offered by SAP Concur with a recurring fee. The rate updates posted are for informational purposes. If you are an MRA customer, please open a ticket with support (with MRA in the subject line) to request the specific rate update. If you would like more information about licensing the service, please contact your SAP Concur Account Executive. Information about the service, please click here."
Dear administrator,
The HMRC in UK has recently advised of a change to the Company Car Fuel reimbursement rates, effective Dec 01, 2023.
Details can be found on:
https://www.gov.uk/guidance/advisory-fuel-rates
Summary of changes:
HMRC Advisory Fuel Rates for business mileage from 01 December 2023:
|
Engine size
|
Petrol
|
LPG
|
|
Engine size
|
Diesel
|
|
1400cc or less
|
14p
|
10p
|
|
1600cc or less
|
13p
|
|
1401cc to 2000cc
|
16p
|
12p
|
|
1601cc to 2000cc
|
15p
|
|
Over 2000cc
|
26p
|
18p
|
|
Over 2000cc
|
20p
|
Advisory Electricity Rate: The Advisory Electricity Rate for fully electric cars decreases to 9 pence per mile.
Hybrid cars are treated as either petrol or diesel cars for advisory fuel rates.
Note: Please disregard these updates/changes if they do not apply to your SAP Concur configuration. Otherwise please raise a Support case for MRA Team (Steps here)
