- HMRC has issued Road Fuel Scale Charges (RFSC) for the period of 1 May 2024 to 30 April 2025
- RFSC is a way of accounting for output tax on road fuel bought by a business for cars used for private purposes
- The charge is calculated based on the CO2 emissions of the car
- Businesses can recover all VAT charged on road fuel without identifying specific business and private use
- Businesses need to calculate the correct RFSC based on a car’s CO2 emissions and VAT accounting period
- Alternatives to using RFSC include using detailed mileage records or claiming no input tax
- Example calculation for claiming input tax based on business mileage and fuel cost
Source: marcusward.co
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
