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Van Benefits - View

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). This screen displays the details of the shared van assigned to the particular employee you have selected. The final cash equivalent that is derived will be shared equally among the number of beneficiaries who enjoy the benefit of the selected van.

Path

Home > Assign Benefits > Vans > Vans Benefits List > View/Edit

OR

Process P11D > Assign P11D Benefit > Vans and Fuel > Assign Benefit > View / 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 standard fuel charge for van (s) provided. The charge is £500 from the tax year 2007/08.
• Seating Capacity: This field displays the seating capacity of the van.

Shared Use Van Details

• Van first made available date: This field displays 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: This field displays the date on which the van was last used by the employee.
• Van Usage: This field displays the purpose for which the van is used.
• Percentage reduction for sharing: This field displays the percentage of reduction for sharing the van.

Particulars

• Days the shared van was unavailable for 30 or more Days consecutively during the benefit availability period: This field displays the number of days on which the shared van was not available for 30 or more consecutive days during the given tax year.
• Days the van was put to exclusive use during the benefit availability period: This field displays the number of days the van was exclusively used during the benefit availability period.
• Total Number of days the van was not shared: This field displays the total number of days for which the van was not 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.
• (G 2) Percentage reduction for sharing: This field displays percentage of reduction for sharing the van.
• (G 3) Benefit Charge Per Employee: This field displays the benefit charged on each employee for using a shared van.
• (G 4) Amount of contribution made by the employee for private use of this van: This field displays the amount contributed by the employee towards using the van for private purpose.
• (G) Total Cash Equivalent for this van for the employee: The cash equivalent amount will be displayed here.

Van Fuel Details

• Company Provides Fuel: This field displays whether the company provides fuel or not.
• Fuel Supply Start Date: The fuel supply start date will be displayed here.
• Does Employee repay fuel cost for private use?: This field displays whether the employee repays the fuel cost for the private use.
• Fuel Standard Charge: The fuel standard charge will be displayed here.
• Fuel Supply Withdrawn Date: If the fuel supply is withdrawn from the employee, date on which the fuel supply was withdrawn will be displayed here.
• Fuel Cash Equivalent (After reducing van shared %, if any): The fuel cash equivalent amount will be displayed here after reducing the shared percentage if any.

Associated Tasks

• Done: If you have finished viewing the details and wish to leave this screen, click on this button. You will be taken back to the Vans Benefits - List screen.
• Edit: To edit the details of the car provided, click on this button. It will open the Vans Benefits Edit screen.

Related Topics