< 44 >
Benefit - G. Van Benefits - Edit
Use
Van benefit is a tax on an employee for the benefit of having a van available for private use. It treats the employee as though their earnings for tax were higher by a notional sum (the "cash equivalent" of the benefit).You can modify here the details of the van assigned for the exclusive usage by the employee you selected.
Path
Home > Assign Benefits > Vans > View/Edit > Edit
OR
Process P11D > Assign P11D Benefit > Vans and Fuel > View/Edit > Edit
Fields Available
The top row displays the details such as name, department, E-Mail address etc. of the selected employee.
Van Details
- Employee Van Usage: This field displays whether the van is shared or exclusively used, by selecting the appropriate radio button.
- Van Regn. No.: This field displays the registration number of the van.
- First Regn. Date: This field displays the date when the van was first registered.
- Model: This field displays the model of the van.
- Make: This field displays the make of the van.
- Standard Charge: This field displays the standard charge for the van (s) provided. The charge is £3000 from the tax year 2007/08. The charge is also reduced for periods when a van is unavailable. If two or more directors/employees share the van (s), add the standard charge (s) and apportion the total equally between them.
- Fuel Standard Charge: This field displays the fuel standard charge for the van (s). The fuel standard charge is £500 from the tax year 2007/08.
- Fuel / Power type: This field displays the fuel power type of the van.
Exclusive Use Van Details
- Van first made available date: Enter here the date on which the van benefit was made available to the employee. You can use the calendar button to enter the date.
- Van last used date: Enter here the date on which the van was last used by the employee.
- Van Usage: From the drop down list, select the purpose for which the van is used.
The following details are displayed further.
- Days the van was unavailable exclusively for 30 Days or more consecutively during the benefit availability period: Enter here the number of days the van was not available exclusively for 30 or more days consecutively during the period when the benefit was availed by the employee.
- Days the van was put to shared use during the benefit availability period: If the van was put to shared use during the benefit availability period, enter here the number of days the van was shared.
- Total Number of days van was unavailable or shared: This field displays the total number of days on which the van was not available or was shared.
Particulars
- (G 1) Proportionate Standard charge for actual no. of days benefit was available: This field displays the proportionate standard charge for actual number of days the benefit was made available to the employee.
- (G 2) Amount of contribution made by the employee for private use of this van: Enter here the amount of contribution made by the employee towards using the van for private purposes.
- (G Total) Total Cash Equivalent for this Van for the employee: The cash equivalent amount will be displayed here.
Van Fuel Details
- Company Provides Fuel: From the drop down list, select whether the company provides the fuel or not to the van.
- Fuel Supply Start Date: Enter here the fuel supply start date.
- Does Employee repay fuel cost for private use?: From the drop down list select whether the employee repays the fuel cost for private use or not.
- Fuel Standard Charge: The fuel standard charge will be displayed here.
- Fuel Supply Withdrawn Date: Enter the date on which the fuel supply was withdrawn from the employee.
- Fuel Cash Equivalent: Enter here the fuel cash equivalent amount.
Associated Tasks
- Cancel: If you wish to exit this screen without saving the details, click on this button. You will be taken back to the Van Benefit - View screen.
- Save: To save the changes, click on this button. The Van Benefits - view screen appears displaying the modified details.
Related Topics
Exclusive Van - Add
Exclusive Van - View