Van Benefit 2007/08
| Standard rate (22%) Benefit (tax cost) |
Higher rate (40%) Benefit (tax cost) |
|
| Van Only - benefit £3,000 | £660 | £1,200 |
| Van & fuel for private use - benefit £3,500 | £770 | £1400 |
| Employer's class 1A NICs: | ||
| Van | £384 | |
| Fuel | £64 | |
| Standard rate (22%) Benefit (tax cost) |
Higher rate (40%) Benefit (tax cost) |
|
| Van Only - benefit £3,000 | £660 | £1,200 |
| Van & fuel for private use - benefit £3,500 | £770 | £1400 |
| Employer's class 1A NICs: | ||
| Van | £384 | |
| Fuel | £64 | |