Home » Categories » Multiple Categories

Fuel Scale Charge Posting

Fuel Scale Charge Posting

If your company is registered for VAT, you can reclaim the VAT element of any expenditure on fuel provided by your company for use with company cars. This usage includes both private and business mileage. In return, HM Revenue & Customs (HMRC) require a charge to be paid. This charge is calculated for each vehicle from the scale charge tables in HMRC Public Notice 700/64 Motoring Expenses. You can work out the charge using the HMRC website https://www.gov.uk/fuel-scale-charge

When you've calculated the scale charges for each company car, these should be posted within the Cashbook Receipts option:



As per screenshot above, enter a Contra/Adjustments account in the Cash A/C box and a zero value in the Total Amt.

On line 1 of your posting choose the Fuel Scale Charges Expense account and post the fuel scale charge amount followed by the standard rate VAT letter - i.e. 238.00S.  Pressing <Enter> will calculate the net and tax amounts from this.

On line 2 of your posting select again the Fuel Scale Charge expense account and then in the amount field enter the amount as per the charge, including VAT, on the first line but with a negative value.  Leave tax code blank or select a ‘Out of Scope’ VAT code.


Custom Fields
  • Release ID: Standard
Attachments Attachments
There are no attachments for this article.
Related Articles RSS Feed
Account Currency - 3 - Nominal - Database Profiles
Viewed 439 times since Thu, Jun 28, 2012
Foreign Currency Statement Print
Viewed 852 times since Fri, Jun 8, 2012
Close Previous Year - Cashbook
Viewed 461 times since Wed, Jun 27, 2012
Sales / Purchase Transactions
Viewed 1179 times since Mon, Jul 2, 2012
Record Groups as Items in Discount and Supplier Matrix
Viewed 711 times since Fri, May 27, 2016
Lookup during Invoice Entry (P/L only)
Viewed 711 times since Wed, Jun 13, 2012
Database Profiles - Nominal
Viewed 1002 times since Thu, Jun 28, 2012
Trial Balance - Nominal
Viewed 492 times since Wed, Jun 27, 2012
Edit System Status Display - Nominal
Viewed 587 times since Wed, Jun 27, 2012
Report Account Status - Nominal
Viewed 427 times since Wed, Jun 27, 2012