Van benefit to 2004 to 2005: exclusive availability: meaning of unavailable
Section 158(4) ITEPA 2003
For the purposes of determining the period in which a van is exclusively available to an employee, it’s treated as unavailable to the employee on any day if the day:
- falls before the first day on which it is available to the employee
- falls after the last day on which it is available to the employee, or
- falls within a period of 30 days or more throughout which it is not available to the employee.
A reduction in the value of exclusive availability is made at step 3 of section 157 for days on which the van is unavailable.
See the example at EIM22105.
A reduction in the value of exclusive availability is also made at step 3 for days on which the van was a shared van.
Tax years from 2005 to 2006 onwards
You can find full guidance on van benefit for these tax years using the contents page at EIM22700.