Personal Tax - Small van private fuel benefit

reddwarf
reddwarf Registered Posts: 528 Epic contributor 🐘
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

Comments

  • A-Vic
    A-Vic Registered Posts: 6,970 Beyond epic contributor 🧙‍♂️
    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
    oh confused one Registered Posts: 128 Dedicated contributor 🦉
    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
    reddwarf Registered Posts: 528 Epic contributor 🐘
    ta, Obviously Osborne aren't up to date!
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