Do you need to pay tax on your company van?

By |2023-05-13T13:33:37+01:00May 19th, 2023|Van Law, Van management, Van News, Van Tax|

The annual benefit in kind tax liability for company vans is a fixed rate – unlike cars, where the tax is based on a scale of CO2 emissions and the list price of the car. These measures are annual upratings that increase the van benefit charge and the car and van fuel benefit charges by the Consumer Price Index from 6 April 2023 and have been uprated annually since 2014.

Letter to Jesse Norman MP regarding van VED

By |2018-12-13T13:03:31+00:00December 13th, 2018|Van News, Van Tax|

THIS is a letter written by Business Vans reader Tony Hull to his local MP Jesse Norman (pictured left), who is also Minister of State for Transport. It concerns Vehicle Excise Duty for vans and the apparent inequalities of van VED for Euro 6 vans ------------ Dear Mr Norman, I am a van owner/driver and am writing about, inter alia, [...]

Budget 2018: Van VED to rise in April

By |2018-11-01T10:47:31+00:00November 1st, 2018|Van News, Van Tax|

THE cost of your annual road tax for your van is likely to rise in April 2019. Chancellor Hammond announced in his Budget on Monday (October 29, 2018) that Vehicle Excise Duty (VED) would increase for vans by the Retail Prices Index with effect from April 01, 2019. However, the strange anomaly in the VED for vans is receiving scrutiny. Currently [...]

Vehicle Excise Duty for vans 2018/19

By |2018-05-29T19:53:00+01:00May 29th, 2018|Van Tax|

Additional reporting Glynn Williams COMMONLY known as road tax, but in actual fact its correct term is Vehicle Excise Duty. Or VED for short. These are the latest Vehicle Excise Duty rates for vans and pick-up trucks applying from April 01, 2018. Unlike cars, for which VED has been based on CO2 emissions since 2001, there is a more straightforward standard flat [...]

Double-Cab van tax ruling could leave SMEs facing massive tax bill

By |2018-05-29T14:12:45+01:00September 13th, 2017|Van News, Van Tax|

WHEN is a van not a van? When a Judge says it's a car. In some respects it would be preferable if that were simply the worst joke in recorded history but the fact is it could cost some companies a fair amount in backdated double-cab van tax if they had appeals hingeing on this case. Without going into too much [...]

Why choosing a pick-up as a company vehicle could save you £££s

By |2016-03-30T10:28:24+01:00July 2nd, 2015|Van Tax|

THERE are some rather good contract hire and leasing deals available on pick-up commercial vehicles – many that rival some lesser value passenger cars – yet, surprisingly few company car drivers consider choosing a pick-up as a company vehicle. By selecting a double-cab pick-up for maximum versatility of space, both the business and the driver could make substantial savings. Simon Wroe, [...]

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