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VAT Scale Charge

VAT Scale Charge

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Having digested VAT notice 700/64 could someone please confirm that it is in order to opt in and out of the scale charge regime from one quarter to the next. I believe that there used to be a requirement to send written notification to HMRC if one opted out. The notice seems silent on these points.

 

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15th Aug 2018 18:52

No, you can't opt in and out.

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By CTA
to leshoward
15th Aug 2018 20:24

leshoward wrote:

No, you can't opt in and out.

Do you have an authority for that, Les?

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19th Aug 2018 13:20

I don't agree with Les, but perhaps he's being flippant as the scale charge (more correctly called the optional flat rate) for road fuel is not obligatory and so doesn't require an opt in or out.

The normal rules for input tax apply and you can choose to account for VAT on fuel supplied for private journeys in any fair and reasonable way. Thus you can switch methods from quarter to quarter.

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