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Post Info TOPIC: VAT Return - Fuel Scale Charges


Newbie

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Posts: 4
Date:
VAT Return - Fuel Scale Charges


Hello Everyone

I am a new Book Keeper, so everything is still a learning curve.

I have a new client and they have asked me to process their quarterly VAT Return, this is something I do for my husbands business so fingers crossed I will be ok processing it. Their accountant has pointed out to me that theyapply a Fuel Scale Charge to allow for the private use of theirvehicle, which I will now need to do.

From what I understand, Fuel Scale Charge is calculated on the vehicles C02 emissions and the fixed charge is added to 'output VAT' but how do I work this out and implement it into their VAT Return?

Any advise would be gratefully received.



__________________

Kind regards,

Bee

'New to all this lark of Book Keeping'



Master Book-keeper

Status: Offline
Posts: 6897
Date:

www.gov.uk/government/publications/vat-road-fuel-scale-charges-table

__________________

Joanne McCormick

Fallows Hall Ltd

Winner - Bookkeeper of the Year 2015, 2016 and 2017

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.



Master Book-keeper

Status: Offline
Posts: 6897
Date:

via suitable journals.

__________________

Joanne McCormick

Fallows Hall Ltd

Winner - Bookkeeper of the Year 2015, 2016 and 2017

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

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