Value Added Tax
| From |
1 Dec 2008 |
1 Jan 2010 |
| Standard rate |
15% |
17.5% |
| VAT fraction |
3/23 |
7/47 |
| Reduced Rate |
5% |
5% |
| Taxable Turnover Limits from 1 May 2009 |
| Registration - last 12 months or next 30 days over |
£68,000 |
| Deregistration - next 12 months under |
£66,000 |
| 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 2009. The last two columns take account of the change of the standard rate of VAT from 15% to 17.5% with effect from 1 January 2010.
CO2 emissions
(g/km) |
Quarterly VAT |
Fuel scale
charge £ |
VAT on charge
|
| 120 and below |
126 |
16.43 |
18.76 |
| 121 - 139 |
189 |
24.65 |
28.14 |
| 140 - 144 |
201 |
26.21 |
29.93 |
| 145 - 149 |
214 |
27.91 |
31.87 |
| 150 - 154 |
226 |
29.47 |
33.65 |
| 155 - 159 |
239 |
31.17 |
35.59 |
| 160 - 164 |
251 |
32.73 |
37.38 |
| 165 - 169 |
264 |
34.43 |
39.31 |
| 170 - 174 |
276 |
36.00 |
41.10 |
| 175 - 179 |
289 |
37.69 |
43.04 |
| 180 - 184 |
302 |
39.39 |
44.97 |
| 185 - 189 |
314 |
40.95 |
46.76 |
| 190 - 194 |
327 |
42.65 |
48.70 |
| 195 - 199 |
339 |
44.21 |
50.48 |
| 200 - 204 |
352 |
45.91 |
52.42 |
| 205 - 209 |
365 |
47.60 |
54.36 |
| 210 - 214 |
378 |
49.30 |
56.29 |
| 215 - 219 |
390 |
50.86 |
58.08 |
| 220 - 224 |
403 |
52.56 |
60.02 |
| 225 - 229 |
416 |
54.26 |
61.95 |
| 230 - 234 |
428 |
55.82 |
63.74 |
| 235 and above |
441 |
57.52 |
65.68 |
|
