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Benefits Code II: Not Low Paid Employees |
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the employee’s use is not wholly or mainly private use; since this is an exemption it appears in part 4 not part 3.130 |
17A.4.1.9 Sharing Vans |
Provision is made for vans which are the subject of shared use between participating employees.131 The standard charges of £500 (or £350) for all shared vans made available by that employer are added together, and the resulting figure is divided equally between all participating employees. Any participating employee may elect to be taxed on an alternative basis of £5 per day.132 |
17A.4.2 Car Fuel for Company Cars |
Under ITEPA section 149 (ex TA 1988, section 158) a special scale charge applies where the employer provides free petrol for private motoring in company cars. The charge takes the form of using the appropriate percentage used for the car charge and then applying that to a set figure, currently £14,400.133 A nil figures is taken if the fuel is made available only for business use or if the employee is required to make good all the expense incurred in connection with private use and does pay the sums involved.134 There are apportionments for when the car or the free fuel facility are unavailable or the fuel is made available only for business travel or the employee makes good the entire sum spent on private travel135 or the car is shared.136 Perhaps anomalously, there is no reduction in charge if the employee reimburses the employer only a part of the cost. This charge does not apply where an employer |