Company Expenses - Petrol VAT Nonsense

That's not the point. In fact for someone who, say, does half his mileage privately and half for business, any particular quantity of petrol purchased could be consumed entirely on business miles, or entirely on private miles, or any mix.

The purpose of the fuel VAT receipts is not to prove that business miles have been done. That is not possible, only your own declaration does that, backed up by your journey log.

The purpose is to demonstrate that at least enough fuel to burn on your business miles has been purchased with VAT paid. So if your car (being a guzzler) uses, say, 12p worth of fuel per mile (oh heck, call it 11.75p), and if in fact you get paid at least that much per mile, then 1.75p per mile of VAT may be reclaimed, and you must be able to produce at least 11.75p worth of VAT receipts for fuel per business mile you claim, for your business to be able to reclaim

The exercise is purely perfunctory, of course, since it is extremely unlikely that you would obtain fuel from a non-VAT-registered supplier.

Or perhaps they're trying to target folk who use black market red diesel.

I don't think a turnover of less than £60,000 would provide sufficient profit to be viable, given the retailer margin on each litre of fuel is only a few pence.

In article , Alex Heney writes

How did you win it? Raffle ticket?

LOL!

I rely too much on my spell checker sometimes :-)

The advice is correct.

It would normally be the same day or earlier.

If it was bought after the journey was made, then it couldn't have been used to make that journey.

Not necessarily - if you rent a van they are usually supplied c/w full tank of fuel, which you replace before you take the van back. Obv in extreme cases this could be a week later than the actual journey.

Also, if you have recently filled a vehicle with fuel for private mileage, then use it for business instead, you can't empty the tank into containers to replace it with business fuel ;-)

How weird. I get paid mileage at 40p a mile upto 10k miles, and 25p a mile thereafter. Approved rates. Own car etc. So, any fuel I buy for myself, I have to get a vat receipt, just in case at any point during those 50 litres I buy, my company asks me to go and visit a client?

Cya Simon

If your company wants to be able to reclaim the VAT from now on, yes (sort of). What the company actually needs is VAT receipts showing payment of at least as much VAT as they want to reclaim.

If the company doesn't want to bother reclaiming the VAT, then no.