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United Kingdom Statutory Instruments
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2004 No. 776

VALUE ADDED TAX

The Value Added Tax (Consideration for Fuel Provided for Private Use) Order 2004

  Made 17th March 2004 
  Laid before the House of Commons 17th March 2004 
  Coming into force 1st May 2004 

The Treasury, in exercise of the powers conferred on them by section 57(4) of the Value Added Tax Act 1994[1], 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 2004 and comes into force on 1st May 2004.

    (2) It takes effect in relation to a taxable person from the beginning of his first prescribed accounting period beginning after 30th April 2004.

     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 1 month period 3 month period
     £ £ £
Diesel engine               
2000 or less 865 216 72
More than 2000 1095 273 91
Any other type of engine               
1400 or less 930 232 77
More than 1400 but not more than 2000 1175 293 97
More than 2000 1730 432 144


John Heppell

Nick Ainger
Two of the Lords Commissioners of Her Majesty's Treasury

17th March 2004


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 reduces those flat-rates by an average of 3.74 per cent for diesel vehicles and 2.25 per cent for those using other fuels. This reflects the decrease 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 prescribed accounting period starting after 30th April 2004[5].

Notes:

[1] 1994 c. 23.back

[2] Table A was last substituted by S.I. 2003/1057.back

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

[4] Table A was last substituted by S.I. 2003/1057.back

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


ISBN 0 11 048937 3


  © Crown copyright 2004

Prepared 24 March 2004

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URL: http://www.bailii.org/uk/legis/num_reg/2004/20040776.html