Eim22945 - van fuel benefit from 2005 to 2006: making good - hmrc internal manual

Eim22945 - van fuel benefit from 2005 to 2006: making good - hmrc internal manual


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EIM22945 - VAN FUEL BENEFIT FROM 2005 TO 2006: MAKING GOOD SECTIONS 163 ITEPA 2003 The van fuel benefit charge is incurred as detailed at EIM22900; there is an example at EIM22980. MAKING


GOOD Where the employee is required to make good the cost of all fuel provided for private use (condition A at EIM22920) this may be done by: * payment: that is, by paying the employer a sum


of money either directly or by deduction from his or her net salary or wages * reinstatement: that is, by replacing fuel provided by the employer (or another person on behalf of the


employer) by a corresponding amount of fuel purchased from his or her own pocket * any combination of the ways described above So long as suitable measures are in place to administer this,


you can normally accept an employer’s statement that the employees are required to make good fuel provided for private motoring and that they actually do so. From the 2017 to 2018 tax year,


the latest date for making good the cost of all fuel provided for private use when calculating the van fuel benefit charge is by 6 July following the tax year in which the private fuel is


provided. BELATED MAKING GOOD The guidance at EIM25660 applies to van fuel benefit as it does to car fuel benefit. ADVISORY FUEL RATES These rates (see EIM25655) cannot be used in relation


to vans as this is not one of the uses specified on the HMRC website. This is because they were not calculated in relation to vans but from the average fuel consumption for the most popular


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