BAILII is celebrating 24 years of free online access to the law! Would you consider making a contribution?

No donation is too small. If every visitor before 31 December gives just £5, it will have a significant impact on BAILII's ability to continue providing free access to the law.
Thank you very much for your support!



BAILII [Home] [Databases] [World Law] [Multidatabase Search] [Help] [Feedback]

United Kingdom Statutory Instruments
You are here: BAILII >> Databases >> United Kingdom Statutory Instruments >> The Value Added Tax (Consideration for Fuel Provided for Private Use) Order 2003 No. 1057
URL: http://www.bailii.org/uk/legis/num_reg/2003/20031057.html

[New search] [Help]

STATUTORY INSTRUMENTS

2003 No. 1057

VALUE ADDED TAX

The Value Added Tax (Consideration for Fuel Provided for Private Use) Order 2003

  Made 9th April 2003 
  Laid before the House of Commons 9th April 2003 
  Coming into force 1st May 2003 

The Treasury, in exercise of the powers conferred on them by section 57(4) of the Value Added Tax Act 1994[1] and of all other powers enabling them in that behalf, hereby make the following Order:

     1.  - (1) This Order may be cited as the Value Added Tax (Consideration for Fuel Provided for Private Use) Order 2003 and comes into force on 1st May 2003.

    (2) It takes effect in relation to a taxable person from the beginning of his first prescribed accounting period beginning after 30th April 2003.

     2. For Table A in section 57 of the Value Added Tax Act 1994[2] substitute  - 

TABLE A
Description of vehicle (Type of engine and cylinder capacity in cubic centimetres) 12 month period £ 3 month period £ 1 month period £
Diesel engine               
2000 or less 900 225 75
More than 2000 1,135 283 94
Any other type of engine               
1400 or less 950 237 79
More than 1400 but not more than 2000 1,200 300 100
More than 2000 1,770 442 147


Jim Fitzpatrick

John Heppell
Two of the Lords Commissioners of Her Majesty's Treasury

9th April 2003


EXPLANATORY NOTE

(This note is not part of the Order)


VAT is payable if road fuel of a business is used for private motoring. The VAT due must be calculated using flat-rate values related to engine type and size[3].

This Order increases those flat-rates by an average of 6.1 per cent for diesel vehicles and 5.0 per cent for those using other fuels. This reflects the increase in road fuel costs which has occurred since Table A in section 57 of the Value Added Tax Act 1994 (c. 23) was last amended[4].

The new rates apply to any relevant accounting period starting after 30th April 2003[5].

Notes:

[1] 1994 c. 23.back

[2] Table A was last substituted by S.I. 2002/1099.back

[3] Sections 56 and 57 of the Value Added Tax Act 1994.back

[4] Table A was last substituted by S.I 2002/1099.back

[5] See articles 1(2) and 2 of the Order.back


ISBN 0 11 045668 8


 
© Crown copyright 2003
Prepared 16 April 2003

BAILII: Copyright Policy | Disclaimers | Privacy Policy | Feedback | Donate to BAILII
URL: http://www.bailii.org/uk/legis/num_reg/2003/20031057.html