Value Added Tax

From 4 Jan 2011 1 Jan 2010
Standard rate 20% 17.5%
VAT fraction 1/6 7/47
Reduced rate 5% 5%
Taxable Turnover Limits
Registration - last 12 months or next 30 days over £73,000 from 1 April 2011
Deregistration - next 12 months under £71,000 from 1 April 2011
Cash accounting scheme - up to £1,350,000
Optional flat rate scheme - up to £150,000
Annual accounting scheme - up to £1,350,000

VAT on fuel for private use in cars

Where businesses wish to reclaim the input VAT on fuel which has some degree of private use, they must account for output VAT on a scale charge.

The table shows the VAT chargeable for quarters commencing on or after 1 May 2011.

CO2 emissions
(g/km)
Quarterly VAT
Fuel scale
charge £
VAT on charge
£ (20%)
Up to 124 157 26.17
125-129 236 39.33
130-134 252 42.00
135-139 268 44.67
140-144 283 47.17
145-149 299 49.83
150-154 315 52.50
155-159 331 55.17
160-164 346 57.67
165-169 362 60.33
170-174 378 63.00
175-179 394 65.67
180-184 409 68.17
185-189 425 70.83
190-194 441 73.50
195-199 457 76.17
200-204 472 78.67
205-209 488 81.33
210-214 504 84.00
215-219 520 86.67
220-224 536 89.33
225 and above 551 91.83

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