VAT fuel scale charges

HMRC have issued details of the updated VAT fuel scale charges which apply from the beginning of the next prescribed VAT accounting period starting on or after 1 May 2016.

VAT registered businesses use the fuel scale charges to account for VAT on private use of road fuel purchased by the business.

Please do get in touch for further advice on this or other VAT matters.

Internet link: Gov.uk Fuel scale charges

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Banks & Co Ltd, 1 Carnegie Rd, Newbury, Berkshire RG14 5DJ

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