Tax Rates & Allowances - Value Added Tax
This information is prepared for guidance only. We recommend that you contact us for advice before acting on any information contained on this page and we cannot accept responsibility for any action taken without such advice.
Value Added Tax
| Standard rate (1/6 of VAT-inclusive price) |
20% |
| Registration level from 1.4.11 |
£73,000 per annum |
| Deregistration level from 1.4.11 |
£71,000 per annum |
|
| Scale Charges |
| The scale charges for private use of business fuel are based on the CO2 emissions rating of the car. A different charge will apply for each 5g/km increase between 130g/km and 230g/km (max). For a 3 month period ending after 30 April 2011: |
| 120 or less |
£130.83 net |
£26.17 VAT |
| 130 |
210.00 net |
42.00 VAT |
| rising by per 5g/km approx* |
13.10 net |
2.62 VAT |
| 225 or above |
459.17 net |
91.83 VAT |
| *exact figures must be obtained from full table. |
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