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Advisory fuel rates updated

HMRC have published the latest quarterly update to the advisory fuel rates used where employers reimburse employees for business travel in their company cars (or require employees to repay the cost of fuel used for private travel). The new rates which apply for journeys on and after 1 June 2025 see a 1p reduction for the two higher petrol bands and the lowest diesel band with all other amounts unchanged including the electric rate which remains at 7p per mile.

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