VAT: Changes in fuel scale charges
The measure
Amendments will be made to the VAT fuel scale charges for taxing private use of road fuel. The HMRC document setting out the detailed tables can be accessed here.
Who will be affected?
Any businesses which recover input tax on fuel used for private motoring.
When?
The new scale charges are applicable from the start of a business' next prescribed accounting period beginning on or after 1 May 2010.
Our view
These annual amendments to the fuel scale charge were expected as they reflect the changes in fuel prices.
