- HMRC has introduced updated VAT road fuel scale charges for business drivers of older petrol and diesel cars, effective from 1 May 2026 to 30 April 2027.
- The fixed charges are based on CO2 emissions and must be included in Box 1 of VAT returns, regardless of actual private mileage.
- Rates range from £657 to £2,297 per year depending on emissions, with monthly, quarterly, or annual accounting options.
- For cars without CO2 figures, usually older vehicles first registered before 2001, drivers must use engine size to determine the correct band.
Source: walesonline.co.uk
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.
Latest Posts in "United Kingdom"
- UK Tribunal Rules Flooring Retailers Not Liable for VAT on Independent Fitting Services
- UK Tax Update 2026: Indirect Tax and Customs Consultations
- United Carpets VAT Ruling on Separate Carpet and Fitting Contracts
- UK Tribunal Upholds VAT Default Surcharges for Late Payments
- UK Tribunal Rules Invisalign Aligners Are Not VAT-Exempt Dental Prostheses
