EIM22935 - Van fuel benefit from 2005 to 2006: shared vans
Section 164 ITEPA 2003
The van fuel benefit charge is incurred as detailed at EIM22900; there is an example at EIM22980.
Shared vans
If the cash equivalent of the benefit of a shared van is reduced under section 157 ITEPA 2003 (see EIM22830) a corresponding reduction is to be made to the van fuel benefit.
The reduction in the van fuel benefit charge corresponds to the reduction in the van benefit charge after allowing for unavailability of the van (EIM22820) but before deducting payments for private use (EIM22840).
Other possible adjustments to the charge
The van benefit charge is also subject to adjustment as follows: