LegalizeThe Value Added Tax (Increase of Consideration for Fuel) Order 1992
Made: 12th March 1992
Laid before the House of Commons: 12th March 1992
Coming into force
The Treasury, in exercise of the powers conferred on them by paragraph 4 of Schedule 6 to the Finance Act 1986[^f00001] and of all other powers enabling them in that behalf, hereby make the following Order:
1
This Order may be cited as the Value Added Tax (Increase of Consideration for Fuel) Order 1992 and shall come into force in relation to a taxable person from the beginning of the first of his prescribed accounting periods which begins after 5 April 1992.
2
For Table A in paragraph 2 of Schedule 6 to the Finance Act 1986, there shall be substituted the following—
| Description of vehicle | ||
|---|---|---|
| (Type of engine and cylinder capacity in cubic centimetres) | 3 month period | 1 month period |
| £ | £ | |
| Diesel engine 2000 or less | 115 | 38 |
| More than 2000 | 148 | 49 |
| Any other type of engine 1400 or less | 125 | 42 |
| More than 1400 but not more than 2000 | 158 | 53 |
| More than 2000 | 235 | 78 |
3
For Table B in paragraph 3 of Schedule 6 to the Finance Act 1986, there shall be substituted the following—
| Description of vehicle | ||
|---|---|---|
| (Type of engine and cylinder capacity in cubic centimetres) | 3 month period | 1 month period |
| £ | £ | |
| Diesel engine 2000 or less | 58 | 19 |
| More than 2000 | 74 | 25 |
| Any other type of engine 1400 or less | 63 | 21 |
| More than 1400 but not more than 2000 | 79 | 26 |
| More than 2000 | 118 | 39 |
Signed
Thomas Sackville — Irvine Patnick — Two of the Lords Commissioners of Her Majesty’s Treasury — 12th March 1992
Explanatory note
(This note is not part of the Order)
This Order, which will apply to taxable persons from their prescribed accounting periods beginning on or after 6 April 1992, amends Table A and Table B of Schedule 6 to the Finance Act 1986. These tables set out the fixed scales used as the basis for charging VAT on road fuel provided by businesses for private motoring. The Order introduces a separate and lower scale for taxing diesel fuel, and increases the existing fuel scale for taxing other fuels.
Footnotes
[^f00001]: 1986 c. 41.
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