VAT fuel scale charges
June 21st, 2010
Please note that the VAT fuel scale charges for private mileage have been increased, with effect from 1st May 2010. The revised rates are available on http://www.hmrc.gov.uk/budget2010/bn44.pdf.
If your private mileage is less than 10,000 miles per year, it may be worth claiming the VAT on the business element of fuel rather than claiming the VAT on all fuel and applying the fuel scale charge for the private mileage element.
The content of this article is for general information only. It should not be relied on and action which could affect your business or personal circumstances should not be taken without appropriate professional advice.
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