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HMRC has brought in a big change for petrol, diesel and electric car owners this month ahead of Christmas . HMRC and the Labour Party government are launching huge new changes impacting petrol, diesel and electric car owners.

HMRC rates are unveiled in March, June, September and December. The taxman releases new advisory fuel rates (AFRs) four times per year to help businesses and employees keep track of motoring expenses.

They apply to employees who use company cars and need to be reimbursed for business travel, or for employees to repay the cost of fuel used for private travel in those vehicles.

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The rates are calculated four times per year, with the most recent update being released on Sep

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