Lentells Limited

CHARD 01460 64441 | SEATON 01297 20584 | TAUNTON 01823 286274 | PAYROLL 01460 68700
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Thursday, 05 January 2023 14:17

Vehicle Benefit Charges from April 2023

The vehicle benefit charges for 2023/24 have been announced and will come into effect on and after 6 April 2023. Where employees are provided with fuel for their own private use by their employers, the car fuel benefit is also applicable. 

The fuel benefit charge is not applicable when the employee pays for all their private fuel use.

The standard benefit charge for private use of a company van will increase from £3,600 to £,3960. A company van is defined as 'a van made available to an employee by reason on their employment'. There is an additional van fuel benefit charge for a van with significant private use. The limit will increase in 2023/24 from 3688 to £757. If private use of the van is insignificant then no benefit will apply. 

Since 6 April 2021, the van benefit charge has been reduced to zero for vans that produce zero carbon emissions. This measure supports the Government's climate change agenda by encouraging the uptake of vans that emit zero carbon emissions. 

Last modified on Thursday, 05 January 2023 15:42

        

 
 

Chard Office

17-18 Leach Road 
Chard Business Park 
Chard
Somerset 
TA20 1FA

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01460 64441

Seaton Office

Kingsway
50 Fore Street
Seaton
Devon
EX12 2AD

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01297 20584

Taunton Office

Ash House, Cook Way
Bindon Road
Taunton
Somerset
TA2 6BJ

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01823 286274