STOP PRESS *** Revenue & Customs biofuels simplification - Change in the way UK vegetable oil fuel duty is collected is imminent. *** STOP PRESS
In celebration of this breakthrough: SALE NOW ON!!
Earlier this year Revenue & Customs proposed:
A de minimis production level of 2,500 litres per annum below which producers would not need to enter premises, submit returns or pay duty, and
Reducing the frequency of returns for all but the largest producers (defined as those producing over 450,000 litres per annum) from monthly to quarterly.
For further info from Revenue & Customs website see the following publications:
Revenue & Customs Brief 37/07 - Introduction of biofuels simplification
Biofuels and other fuel substitutes
Below are the previous proposal publications that set the background to the new rules
Summary of Responses: Review of the definition of biodiesel
Biofuels: simplification of regulations
This is fantastic news for all biofuel users or potential users, UK Revenue & Customs are set to introduce new rulings on the way fuel duty is handled, in effect providing you use less than 2,500 litres per annum you will not have to register or pay duty.
Whats more Diesel is nearly £1.00 per litre, new veg from supermarkets, cash and carry such as Costco and Macro in 20 Litre drums, or in larger quantities from wholesale suppliers and canneries such as KTC Edible Oils in larger quantities (1000 litre IBC). Oil is around 45 to 50p per litre so its half price motoring on new oil, next to nothing if you reclaim and use waste oil.
We are pleased to be able to inform you that these proposals will be implemented, they estimate that the changes will come into effect during this summer.
To see what this will mean have a look at the table below, compare your average mpg to see how many miles or kilometres you can travel on veg oil without having to worry about fuel duty - that's right TAX FREE!! Perfectly legal.
Maximum allowable veg oil usage in Litres before having to register or pay fuel duty to UK Customs & Excise is set at 2500 Litres Per Year, below you can see how many miles or kilometres this equates to when compared to your vehicles Miles Per Gallon
|
Average Miles Per Gallon |
20 |
25 |
30 |
35 |
40 |
45 |
50 |
55 |
60 |
Miles you can run on veg oil before you have to register or pay duty: |
10,998 |
13,748 |
16,498 |
19,247 |
21,997 |
24,747 |
27,496 |
30,246 |
32,995 |
Kilometres you can run on veg oil before you have to register or pay duty: |
17,700 |
22,125 |
26,550 |
30,976 |
35,401 |
39,826 |
44,251 |
48,676 |
53,101 |
Because of these new rulings we anticipate great demand for our products and services, so rather than wait for the rush we are offering to convert your vehicle at a lower cost providing you book in before the new proposals are implemented.
