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Veg Oil

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I'm saving at least £20 per tank using 50% veg oil 53p per litre as opposed to 97p for diesel :beer:

Comments

  • Keith
    Keith Posts: 2,924 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Remember to declare your veg oil
  • ADEY_3
    ADEY_3 Posts: 12 Forumite
    No need, if you use under 2500 litres per year there is no duty to pay.
  • Your right no need to declare it. I would advise keeping all your vege oil receipts though incase the amout you have used is queried. Im thinking of buying another diesel merc to run on vege oil now the law has changed.
  • Hapless_2
    Hapless_2 Posts: 2,619 Forumite
    ADEY wrote: »
    No need, if you use under 2500 litres per year there is no duty to pay.

    Please double check that veg oil is not biofuel for tax purposes. It is fuel substitute and is taxed differently. It also states manufacturing biofuel. Using veg oil, unless you are using waste veg oil and converting it to biodiesel is not covered.

    Revenue & Customs Brief 43/07

    Follow up to Revenue & Customs Brief 37/07 on Biofuels Simplification

    issued on 19 April 2007 confirmed that the following changes applying to biofuel producers were to be introduced:
    • A production threshold of 2,500 litres per annum below which producers will not need to enter premises, submit returns or pay duty, and
    • A reduction in the frequency of returns for all but the largest producers (defined as those producing over 450,000 litres per annum) from monthly to quarterly.
    We can now confirm that these measures will be introduced on 30 June 2007

    If you are not a producer, register and pay up.
    The "Bloodlust" Clique - Morally equal to all. Member 10
    grocery challenge...Budget £420

    Wk 1 £27.10
    Wk 2 £78.06
    Wk 3 £163.06
    Wk 4
  • bartman
    bartman Posts: 324 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Hapless wrote: »
    Please double check that veg oil is not biofuel for tax purposes. It is fuel substitute and is taxed differently. It also states manufacturing biofuel. Using veg oil, unless you are using waste veg oil and converting it to biodiesel is not covered.




    If you are not a producer, register and pay up.

    Jealousy is a terrible thing;). That is quite simply not correct. A Google search will reveal many forums in which contributors report that they have verified the position with Revenue and Customs - the 2500 litres a year are allowed whether you are using vegetable oil from the supermarket or waste oil - and for "producer" you can also read "user". See here for one of the many useful sites on this subject:

    http://www.dieselveg.com/

    You should certainly keep receipts for any such oil that you buy, as was advised earlier in this thread. And also check and double check that your car is on the list of compatible vehicles - I think in general terms that most if not all of the more modern "direct injection" diesels with electronic management systems will not be, end there is an issue with Lucas injection systems.
  • Hapless_2
    Hapless_2 Posts: 2,619 Forumite
    bartman wrote: »
    Jealousy is a terrible thing;).

    Why would I be jealous? With an eye on a Land Rover Discovery 300tdi to run on 50/50 in sumer and 75/25 in winter?;) :D
    The "Bloodlust" Clique - Morally equal to all. Member 10
    grocery challenge...Budget £420

    Wk 1 £27.10
    Wk 2 £78.06
    Wk 3 £163.06
    Wk 4
  • ADEY_3
    ADEY_3 Posts: 12 Forumite
    Carefull if the Disco has got a Lucas pump it might struggle with veg oil
  • Hapless_2
    Hapless_2 Posts: 2,619 Forumite
    ADEY wrote: »
    Carefull if the Disco has got a Lucas pump it might struggle with veg oil

    Nah that'll get replaced with a Bosch, the place we will get it from will do that for us.
    The "Bloodlust" Clique - Morally equal to all. Member 10
    grocery challenge...Budget £420

    Wk 1 £27.10
    Wk 2 £78.06
    Wk 3 £163.06
    Wk 4
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