VAN BENEFIT
2021/22
- Van benefit is chargeable if the van is available for an employee's private use.
- A fuel benefit may also be chargeable if an employee has the benefit of private fuel paid for in respect of a company van.
- The charges do not apply to vans if a 'restricted private use condition' is met throughout the year.
- From 6 April 2021 a 0% benefit charge may apply to vans which cannot emit CO2 when driven.
| Van benefits 2021/22 | |
|---|---|
| Van benefit | £3,500 |
| Fuel benefit | £669 |
2020/21
- Van benefit is chargeable if the van is available for an employee's private use.
- A fuel benefit may also be chargeable if an employee has the benefit of private fuel paid for in respect of a company van.
- The charges do not apply to vans if a ' restricted private use condition ' is met throughout the year.
- A reduced benefit charge may apply to vans which cannot emit CO2 when driven.
| Van benefits 2020/21 | |
|---|---|
| Van benefit | £3,490 |
| Fuel benefit | £666 |