The Value Added Tax (Consideration for Fuel Provided for Private Use) Order 2003
S.I. 2003/1057 · Made 9 April 2003
VALUE ADDED TAX
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 1994f1 and of all other powers enabling them in that behalf, hereby make the following Order:
Annotations to the whole text
Footnotes
- f1
Contents
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.
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 1994f1 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 |
Signature
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 sizef1.
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 amendedf2.
The new rates apply to any relevant accounting period starting after 30th April 2003f3.