|
|
|
|
|
VALUE ADDED TAX |
|
Registration and deregistration thresholds See TM ¶7775, ¶7777, ¶9987, ¶9988
Fuel scale charge See TM ¶7893
Postal services exemption See TM ¶8042 From 31 January 2011 the exemption for postal services will be restricted to supplies of public postal services (and incidental goods) by the universal service provider (currently Royal Mail). Postal services supplied on terms which are individually negotiated, and services not subject to price or regulatory control, will become standard-rated from that date. Emissions allowances: reverse charge See TM ¶8052, ¶8187 From 1 November 2010 the reverse charge will apply to emissions allowances. This is an attempt to prevent missing trader fraud and follows the application of the zero rate to emissions allowances from 31 July 2009. Zero-rating will cease from 1 November 2010. The legislation will be amended to allow the reverse charge to be applied to services generally, as specified in secondary legislation. Zero-rating of aircraft See TM ¶8052 For zero-rating purposes, a qualifying aircraft will no longer be determined by its weight or commercial design. From 1 September 2010 zero-rating will depend on the recipient of the supply being an airline operating for reward chiefly on international routes. Lennartz mechanism See TM ¶8142, ¶8145 The Lennartz mechanism is to be made unavailable in respect of purchases of land, property, boats and aircraft. The Lennartz mechanism applies where an asset is purchased for both business and private purposes. Under this mechanism full input tax recovery is permitted on purchase and output tax is accounted for in respect of private use over the asset’s economic life. From 1 January 2011 full input tax recovery will not be available on purchase; instead input tax will be restricted to the business use proportion. The Capital Goods Scheme will be amended to take account of this change. HMRC has also recently announced an amended policy under which Lennartz is not available unless non-business use is private use (as opposed to, for example, use by a charity for non-commercial purposes). Legislation will be introduced to ensure that those affected by this change of policy do not gain an advantage by, for example, ceasing to account for output tax on non-business use. |
|
CO2 band |
Annual return |
Quarterly return |
Monthly return |
|||
|
Charge |
VAT included |
Charge |
VAT included |
Charge |
VAT included |
|
|
120 or less |
570.00 |
84.89 |
141.00 |
21.00 |
47.00 |
7.00 |
|
125 |
850.00 |
126.60 |
212.00 |
31.57 |
70.00 |
10.43 |
|
130 |
850.00 |
126.60 |
212.00 |
31.57 |
70.00 |
10.43 |
|
135 |
910.00 |
135.53 |
227.00 |
33.81 |
75.00 |
11.17 |
|
140 |
965.00 |
143.72 |
241.00 |
35.89 |
80.00 |
11.91 |
|
145 |
1,020.00 |
151.91 |
255.00 |
37.98 |
85.00 |
12.66 |
|
150 |
1,080.00 |
160.85 |
269.00 |
40.06 |
89.00 |
13.26 |
|
155 |
1,135.00 |
169.04 |
283.00 |
42.15 |
94.00 |
14.00 |
|
160 |
1,190.00 |
177.23 |
297.00 |
44.23 |
99.00 |
14.74 |
|
165 |
1,250.00 |
186.17 |
312.00 |
46.47 |
104.00 |
15.49 |
|
170 |
1,305.00 |
194.36 |
326.00 |
48.55 |
108.00 |
16.09 |
|
175 |
1,360.00 |
202.55 |
340.00 |
50.64 |
113.00 |
16.83 |
|
180 |
1,420.00 |
211.49 |
354.00 |
52.72 |
118.00 |
17.57 |
|
185 |
1,475.00 |
219.68 |
368.00 |
54.81 |
122.00 |
18.17 |
|
190 |
1,530.00 |
227.87 |
383.00 |
57.04 |
127.00 |
18.91 |
|
195 |
1,590.00 |
236.81 |
397.00 |
59.13 |
132.00 |
19.66 |
|
200 |
1,645.00 |
245.00 |
411.00 |
61.21 |
137.00 |
20.40 |
|
205 |
1,705.00 |
253.94 |
425.00 |
63.30 |
141.00 |
21.00 |
|
210 |
1,760.00 |
262.13 |
439.00 |
65.38 |
146.00 |
21.74 |
|
215 |
1,815.00 |
270.32 |
454.00 |
67.62 |
151.00 |
22.49 |
|
220 |
1,875.00 |
279.26 |
468.00 |
69.70 |
156.00 |
23.23 |
|
225 |
1,930.00 |
287.45 |
482.00 |
71.79 |
160.00 |
23.83 |
|
230 or more |
1,985.00 |
295.64 |
496.00 |
73.87 |
165.00 |
24.57 |
|
|
Existing threshold (£) |
New threshold from 1 April 2010 (£) |
|
Registration |
68,000 |
70,000 |
|
Deregistration |
66,000 |
68,000 |
|
EU Acquisitions |
68,000 |
70,000 |