Yahoo News Petrol, diesel, electric drivers warned over new HMRC charges from next week
Petrol, diesel and electric car drivers issued urgent warning over new HMRC costs launching this week. Under the new Labour Party government, HMRC charges will be shaken up for motorists, road users and petrol drivers across the country.
HM Revenue and Customers has released the new advisory fuel rates which are set to be rolled out on Sunday, December 1. HMRC reviews rates quarterly on 1 March, 1 June, 1 September and also , finally, before Christmas, on 1 December.
The mean miles per gallon (MPG) is taken from manufacturers’ information, taking into account annual sales to businesses. For liquefied petroleum gas (LPG), the MPG used is 20% lower than for petrol due to lower volumetric energy density.
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The ‘rates per mile’ calculated in these tables are shown rounded to one decimal place, but the final advisory fuel rates are rounded to the nearest whole penny. Rates per mile which end in 0.5 are rounded down to the nearest whole penny for the advisory fuel rate when the underlying unrounded figure ends in a number less than 0.5.
Advisory fuel rates from December 1, 2024
Petrol
Engines up to 1,400cc - Reduced to 12p
Between 1,401cc and 2,000cc - Reduced to 14p
Over 2,000cc - Reduced to 23p
Diesel
Engines up to 1,600cc - Reduced to 11p
Between 1,601cc and 2,000cc - Reduced to 13p
Over 2,000cc - Reduced to 17p
LPG
Engines up to 1,400cc - Remains at 11p
Between 1,401cc and 2,000cc - Remains at 13p
Over 2,000cc - Remains at 21p
Electric
All EVs - Remains at 7p
When the underlying unrounded figure ends in a number greater than 0.5 it is rounded up to the nearest whole penny. The latest petrol and diesel prices are taken from the Department for Energy Security and Net Zero (DESNZ) and the LPG (UK average) is from the Automobile Association website.
The Department for Energy Security and Net Zero annually published ‘pence per kilowatt hour’ cost is uprated by the quarterly Office for National Statistics’ Consumer Prices Index for electricity to account for quarterly price variations.
