Welcome to the Weatherer Bailey Bragg Website, we hope you enjoy your visit ...... Meet the Weatherer Bailey Bragg Team ...... We are registered auditors under the Companies Act Click Here for details ...... We offer monthly or quarterly management accounts ...... We have a range of services to help you cope with Corporate Tax Legislation ...... We are specialists in dealing with HM Revenue & Customs Aspect Enquiries, Full Tax Investigations and Special Civil Investigations Office Click Here for details ...... View our cost effective VAT Service ......

VAT Fuel Scale Charges

April 2007

HMRC’s intention is to change significantly the VAT fuel scale charges payable by businesses on the provision of fuel for private motoring for their company car drivers. The system of calculating the output VAT charge on a simple cylinder banded table is withdrawn for the businesses first VAT return commencing after 1 May 2007.

The new 21 band table will obviously take some getting used to and relies on knowing the benefit in kind percentage which is linked to the CO2 emissions of the car and the type of engine. Under the benefit in kind system there are discounts available for environmentally friendly cars.

The output VAT charge for a quarter is found by looking up the relevant percentage in the table.

Internet link: Budget notes pages 131 to 133