[email protected] submitted this idea : > -----Original Message----- > From: Trevor <[email protected]> > To: [email protected] > Sent: Fri, 16 Oct 2009 2:52 > Subject: Re: [canals-list] Red Diesel > > > >> Also, when calculating the split, do folk here generally work it back to > the beginning of the financial year and then calculate what the split > for the present top-up ought to be? It all sounds quite complicated to > me but, presumably, the annual split needs to be reasonably accurate if > the 'Man From The Ministry' ever found it necessary to do a check on > your records. > Don't forget that as part of your record keeping that if you use > engine-cooling to heat your hot water then a proportion of the fuel you use > is 'non-propulsion' (even if the heat is produced while you are moving) and > so liable to the lower rates of duty and VAT. > > This was one of the points that was put to HMRC as an element of the > discussions and HMRC's suggestion/agreement that a 60/40 split was generally > reasonable. The suppliers have been told not to query any other split or to > ask for evidence to support it. And basically the proportion of fuel used for > non-commercial boating is so small compared with the total amount of > hydrocarbon fuels it's probably not worth HMRC making any effort to seriously > police it, even if they had enough people with the necessary expertise to > analyse each person's usage and come to a conclusion. > HMRC say you (the boater) dont need to keep records
-- Brian traveling on Harnser http://nbharnser.blogspot.com/ ------------------------------------ Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/canals-list/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/canals-list/join (Yahoo! ID required) <*> To change settings via email: mailto:[email protected] mailto:[email protected] <*> To unsubscribe from this group, send an email to: [email protected] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
