Value Added Tax

Standard rate	17.5%*
Reduced rate	5%
Annual Registration Limit - from 1.4.10 (1.5.09 - 31.3.10 £68,000)	£70,000
Annual Deregistration Limit - from 1.4.10 (1.5.09 - 31.3.10 £66,000)	£68,000

*15% from 1 December 2008 - 31 December 2009.

VAT Fuel Scale Charges

Where businesses buy fuel which has some degree of private use, they must account for output VAT on a scale charge. This is based on the CO2 emissions (rounded down to the next multiple of 5).

These are the charges which apply from the start of the first prescribed accounting period beginning on or after 1 May 2010.

CO2 band	VAT fuel scale charge, 12 month period	VAT fuel scale charge, 3 month period	VAT fuel scale charge, 1 month period
	£	£	£
120 or less	570	141	47
125 – 129	850	212	70
130 – 134	850	212	70
135 – 139	910	227	75
140 – 144	965	241	80
145 – 149	1020	255	85
150 – 154	1080	269	89
155 – 159	1135	283	94
160 – 164	1190	297	99
165 – 169	1250	312	104
170 – 174	1305	326	108
175 – 179	1360	340	113
180 – 184	1420	354	118
185 – 189	1475	368	122
190 – 194	1530	383	127
195 – 199	1590	397	132
200 – 204	1645	411	137
205 – 209	1705	425	141
210 – 214	1760	439	146
215 – 219	1815	454	151
220 – 224	1875	468	156
225 – 229	1930	482	160
230 or more	1985	496	165

t: 020 7269 9881 e: info@cngassociates.co.uk

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