HMRC launches new price hikes for petrol, diesel and electric cars today in blow to thousands

Motorists are being warned of fresh price hikes launching today that could see them pay more for their petrol, diesel and electric cars. HM Revenue and Customs has introduced new advisory fuel rates for people using company cars to reimburse employees for business travel, or when employees need to repay the cost of fuel used for private travel. These targets are reviewed quarterly, with the latest AFRs applying from today, Monday, June 1, 2026, before further measures launch in September. In the