Statutory Instrument 2004 No. 776

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

(The document as of February, 2008)

-- Back --

STATUTORY INSTRUMENTS

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	3 month period	1 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

---

ISBN0 11 048937 3

-- Back --