Van benefit to 2004/05: exclusive availability: meaning of unavailable
Section 158(4) ITEPA 2003
For the purposes of determining the period in which a van is exclusively available (seeEIM22080) to an employee, it is treated as unavailable to theemployee 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(see EIM22080) 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 onwhich the van was a shared van (see EIM22070).
Years from 2005/06 onwards
Full guidance on van benefit for these years can be found using the contents page at EIM22700.