Van benefit from tax year 2005 to 2006: structure (table)
Sections 114 and 154 to 159 ITEPA 2003
The following table summarises liability to van benefit from the tax year 2005 to 2006 onwards.
|Contractual availability||Actual use: commuting use only||Actual use: all private use other than commuting||Charge|
|Business use only||None or insignificant||None or insignificant||Not chargeable|
|Business use only||Yes||None or insignificant||Nil|
|Business use only||Yes||Yes||Full charge (see note)|
|Business and commuting use only||Yes||None or insignificant||Nil|
|Business and commuting use only||Yes||Yes||Full charge|
|Business use/commuting use/private use||None or insignificant||None or insignificant||Nil|
|Business use/commuting use/private use||Yes||Yes||Full charge|
|Commuting and private use only||Yes||None or insignificant||Full charge|
|Commuting and private use only||None or insignificant||Yes||Full charge|
Full charge = the age-related £500/£350 for 2005 to 2006 and 2006 to 2007; £3,000 thereafter (see EIM22790).
For more information on any aspect, refer to EIM22700.