SVO UK govt tax break

G

Guest

Guest
I am surprised that the users of SVO have not posted the latest news
on the more-or-less effective deletion of registration for tax or paying it !
From 1 July if you produce less than 2500 litres of fuel per annum
from veg oil - or use SVO in a mix - then there is no further need
to register with Customs. But you must keep a record of your
purchases of SVO for use as fuel. If you go over 2500l then you have
to register.
Here is the relevant new law -
<http://www.hmrc.gov.uk/si/2007-1640.pdf>http://www.hmrc.gov.uk/si/2007-1640.pdf
This is the letter that registered 'producers' have received just recently -
http://i157.photobucket.com/albums/t73/widu13/P1.jpg
So how soon before the price of SVO increases?
Its still not something I indulge in - or should I, now its legally
tax free at my level of consumption?
Oh yes, and I see that another new wheeze for those who think that
SVO is a bit thick. To help mixing with derv , the 'experts'
recommend the addition of 1 litre of white spirit to 20litres of oil
and let it stand for 2-3 days. It has magic effects with no
mechanical mixing apparently. Some have used petrol but the white
spirit has lubricating properties that the petrol does not possess -
apart from the fact that it needs physically mixing - and of course
white spirit does not evaporate either.
Cheers
Jon
Tring,Herts
'92 HZJ80 ex UN Bosnia surplus
 
G

Guest

Guest
I posted this on Sunday but did not see it on my digest, so apologies
if you real time listers have now seen it twice !
==========================I am surprised that the users of SVO have not posted the latest news
on the more-or-less effective deletion of registration for tax or paying it !
From 1 July if you produce less than 2500 litres of fuel per annum
from veg oil - or use SVO in a mix - then there is no further need
to register with Customs. But you must keep a record of your
purchases of SVO for use as fuel. If you go over 2500l then you have
to register.
Here is the relevant new law -
<http://www.hmrc.gov.uk/si/2007-1640.pdf>http://www.hmrc.gov.uk/si/2007-1640.pdf
This is the letter that registered 'producers' have received just recently -
http://i157.photobucket.com/albums/t73/widu13/P1.jpg
So how soon before the price of SVO increases?
Its still not something I indulge in - or should I, now its legally
tax free at my level of consumption?
Oh yes, and I see that another new wheeze for those who think that
SVO is a bit thick. To help mixing with derv , the 'experts'
recommend the addition of 1 litre of white spirit to 20litres of oil
and let it stand for 2-3 days. It has magic effects with no
mechanical mixing apparently. Some have used petrol but the white
spirit has lubricating properties that the petrol does not possess -
apart from the fact that it needs physically mixing - and of course
white spirit does not evaporate either.
Cheers
Jon
Tring,Herts
'92 HZJ80 ex UN Bosnia surplus
 
G

Guest

Guest
After a brief spell of non-connection with the list I see that my
postings are now getting through. So I thought I would re-send
something I posted a few days ago that unfortunately did not get
through........
I am surprised that the users of SVO have not posted the latest news
on the more-or-less effective deletion of registration for tax or paying it !
From 1 July if you produce less than 2500 litres of fuel per annum
from veg oil - or use SVO in a mix - then there is no further need
to register with Customs. But you must keep a record of your
purchases of SVO for use as fuel. If you go over 2500l then you have
to register.
Here is the relevant new law -
<http://www.hmrc.gov.uk/si/2007-1640.pdf>http://www.hmrc.gov.uk/si/2007-1640.pdf
This is the letter that registered 'producers' have received just recently -
http://i157.photobucket.com/albums/t73/widu13/P1.jpg
So how soon before the price of SVO increases?
Its still not something I indulge in - or should I, now its legally
tax free at my level of consumption?
Oh yes, and I see that another new wheeze for those who think that
SVO is a bit thick. To help mixing with derv , the 'experts'
recommend the addition of 1 litre of white spirit to 20litres of oil
and let it stand for 2-3 days. It has magic effects with no
mechanical mixing apparently. Some have used petrol but the white
spirit has lubricating properties that the petrol does not possess -
apart from the fact that it needs physically mixing - and of course
white spirit does not evaporate either.
Cheers
Jon
Linslade,Beds
'92 HZJ80 ex UN Bosnia surplus
 
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock    No Thanks