This example illustrates the principles at
EIM22840. The rates of charge are shown
at
EIM22790.
An employee uses two vans, for which the benefit charges
(after reductions for sharing) are £2,250 and £750. In
addition, the employee pays £1,000 pa for the private use of
each van (i.e. £2,000 in all); the payments qualify for
deduction under EIM22840.
| Van 1 | Van 2 | |
| Benefit charges | £2,250 | £ 750 |
| Payments for private use | £1,000 | £1,000 |
| Net benefit charge | £1,250 | £ nil |
Note that there is no additional relief available, either here or elsewhere, for the £250 by which payments for Van 2 exceed the benefit charge for van 2.
