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VAT fuel scale rates

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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.

Issue: 1573
Categories: News