480 expenses and benefits tax guide

19 May 2016

Paragraph 14.4 under Chapter 14 ‘Vans available for private use’ now reads:

If the van cannot in any circumstances emit CO2 by being driven, the charge for 2010 to 2015 inclusive was nil.

From 2015 to 2016 if the van cannot emit CO2 by being driven and the tax year is any year between 2015 to 2016 and 2021 to 2022 the cash equivalent is the appropriate percentage of £3,150 as follows:

• 20% for 2015 to 2016
• 20% for 2016 to 2017
• 20% for 2017 to 2018
• 40% for 2018 to 2019
• 60% for 2019 to 2020
• 80% for 2020 to 2021
• 90% for 2021 to 2022