Personal Tax - Small van private fuel benefit

reddwarf

Our text book, Osborne, doesn't agree with our lecturer. For 2008/9 what is the private fuel benefit assessed as? Our book says 'same as company car fuel benefit' (I can't see how that would work?), the lecturer says is £500 for 2008/9.

Any one anything definitive?

Thanks

A-Vic

reddwarf wrote: »

Our text book, Osborne, doesn't agree with our lecturer. For 2008/9 what is the private fuel benefit assessed as? Our book says 'same as company car fuel benefit' (I can't see how that would work?), the lecturer says is £500 for 2008/9.

Any one anything definitive?

Thanks

we were told also its 500

oh confused one

From Kaplan Book:

In the case of a company van with private use, the assessable benefit is as follows:-

£3000 per annum for unrestricted private use of the van

£500 per annum if private fuel is provided by the employer

Is that any help?

reddwarf

ta, Obviously Osborne aren't up to date!