Pro-Taxman

van benefit charge

Picking up on van benefits

An income tax charge will generally arise where an employee, or a family member, is able to use a work’s van for private use. This will nearly always include home-to-work travel. From 6 April 2020, the flat-rate van benefit charge crept up once again and currently stands at £3,490 (rising from £3,430 in 2019/20), which …

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Electric Vehicle

Why choosing an electric van for a company car is a wise decision

Electric company vans and the benefit in kind charge If an employee is able to use a company van privately, a benefit in kind tax charge may arise. The exception to this is if the van meets the conditions for a pool van (basically one used by several employees and not generally taken home overnight …

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