HMRC has published its annual update to the VAT road fuel scale charges which are used by businesses to account for VAT on private use of fuel in a business car. The new scale rates apply from 1 May 2022.
The fuel scale charge is a simplified method used by businesses which fund both business and private mileage costs for employees to account for output tax on the private use of a car, alleviating the need to keep detailed mileage records.
HMRC has published its annual update to the VAT road fuel scale charges which are used by businesses to account for VAT on private use of fuel in a business car. The new scale rates apply from 1 May 2022.
The fuel scale charge is a simplified method used by businesses which fund both business and private mileage costs for employees to account for output tax on the private use of a car, alleviating the need to keep detailed mileage records.
