This week, there are two topics covered regarding company vans. The first concerns the statutory definition of a van for P11D purposes, in response to a number of questions raised on this subject. The second is a related piece of recent case law, which reinforces the legislation.
Employer provided cars There are quite a few changes in the taxation of employer provided cars and the fuel benefit which applies if an employee does not pay for all of their private motoring. The car benefit charge incurred by employees who have an employer provided car is based on the list price of the [...]
Appropriate percentage: For 2011/12, the appropriate percentages for company petrol cars range from 15% to 35% for emission ratings of 125 to 225 g/km. For 2012/13, the range, as already announced, will widen to between 11% and 35% for emission ratings of 100 to 220 g/km, with a fixed 10% for emission ratings below 100 [...]