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 2017.

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

You can find the valuation table on the HMRC website here.

If you’d like advice or support with this or any other VAT matter, please get in touch with our dedicated Virtual Finance Office today on 01382 312140.