Value Added Tax

Standard Rate 17.5%
Reduced Rate 5%
Annual Registration Limit - from 1 April 2006
(1.4.05 - 31.3.06 £60,000)
£61,000
Annual Deregistration Limit - from 1 April 2006
(1.4.05 - 31.3.06 £58,000)
£59,000

VAT on private fuel - scale charge due per quarter per car for accounting periods beginning on or after 1 May 2006.

Petrol
Diesel
Charge
VAT
Charge
VAT
Up to 1400cc
£273
£40.66
£260
£38.72
1401 - 2000cc
£346
£51.53
£260
£38.72
Over 2000cc
£508
£75.66
£331
£49.30