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Farm Machinery
Machinery
What can and cannot run on red diesel from March 1. 2021
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<blockquote data-quote="Steevo" data-source="post: 7787250" data-attributes="member: 430"><p>Currently if I buy less than 2300l fuel it is deemed to be domestic usage so it’s billed at 5% VAT. If I order more than that it’s billed at 20% VAT.</p><p></p><p>I can fill in an exemption certificate to reduce this to 5% VAT for all orders.</p><p></p><p>Surely the same system could apply to the actual duty on the diesel…? The fuel companies could then just supply white and the farmer does a declaration. Would save needing to pay the duty and then claim it back.</p></blockquote><p></p>
[QUOTE="Steevo, post: 7787250, member: 430"] Currently if I buy less than 2300l fuel it is deemed to be domestic usage so it’s billed at 5% VAT. If I order more than that it’s billed at 20% VAT. I can fill in an exemption certificate to reduce this to 5% VAT for all orders. Surely the same system could apply to the actual duty on the diesel…? The fuel companies could then just supply white and the farmer does a declaration. Would save needing to pay the duty and then claim it back. [/QUOTE]
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What can and cannot run on red diesel from March 1. 2021
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