Drivers are being warned of new fuel rates launching today, which could impact how much petrol, diesel and electric car owners pay to stay on the road. HM Revenue and Customs has confirmed new advisory fuel rates (AFRs) launching today (Sunday, March 1) that could see motorists pay more. Advisory fuel rates are used to reimburse employees for business travel in their company cars, or when employees need to repay the cost of fuel used for private travel. The rates are calculated four times per year, and drivers are issued a price per mile for petrol, diesel, electric and LPG vehicles. TRENDINGStoriesVideosYour SaySeveral price changes have been introduced in the latest update to the advisory fuel rates, including for users of electric and LPG vehicles. Rates for electric vehicles were separated in recent updates, with HMRC now differentiating between those who charge their EVs at home and at public chargers. Given that company cars often make use of public and residential chargers, motorists should apportion the mileage based on how much charging takes place at each location. GB News has compiled the latest advisory fuel rates from HMRC launching today. HMRC is rolling out new advisory fuel rates today (March 1) | GETTYAdvisory fuel rates per mile from March 1, 2026PetrolEngines up to 1,400cc - Remains at 12pBetween 1,401cc and 2,000cc - Remains at 14pOver 2,000cc - Remains at 22pDieselEngines up to 1,600cc - Remains at 12pBetween 1,601cc and 2,000cc - Remains at 13pOver 2,000cc - Remains at 18p LATEST DEVELOPMENTS Motorhome and campervan drivers could see coastal ban made permanent under new proposalsDrivers face huge 242% price hike for car insurance with a Chinese vehicle - 'Simply not fair'Motorists risk automatic MOT failure and £1,000 fine for breaking number plate rules ahead of changes this weekHMRC has split rates for people charging electric vehicles at home and in public | REUTERSElectricHome charger - Remains at 7pPublic charger - Rising from 14p to 15pLiquefied Petroleum Gas (LPG)Engines up to 1,400cc - Falling from 11p to 10pBetween 1,401cc and 2,000cc - Falling from 13p to 11pOver 2,000cc - Falling from 21p to 19pHMRC also includes advisory fuel rates for vehicles powered by LPG | REUTERSHMRC will roll out the next update for advisory fuel rates on June 1, followed by further refreshes in June, September and December. Rates are calculated using several different sources, including the Department for Energy Security and Net Zero (DESNZ) for petrol and diesel. While more uncommon on roads, prices for liquefied petroleum gas are taken as a UK average from the Automobile Association. Electric price data is taken from DESNZ, the Office for National Statistics, car electrical consumption rates from the Department for Transport and annual car sales volumes to businesses. Our Standards: The GB News Editorial CharterCarsDieselElectric vehiclesLifestyleMoneyPetrolHMRC.
