Are you thinking about selling some or all of your land to a developer? Whether it’s a back garden, a field, or a larger parcel on the edge of town, selling land can be a great opportunity—but it’s not always straightforward. Before...
As announced in the Autumn Budget 2024, the van benefit charge and the car and van fuel benefit charges are to increase from 6 April 2025, in line with the Consumer Price Index.
The van benefit charge applies where an employer provides an employee with a company van and the employee uses it for private journeys. The benefit charge will increase to £4,020 in 2025/26, from £3,960 in 2024/25. A further benefit charge of £769 will apply where fuel is also provided, up from £757 in 2024/25. No tax is payable in respect of zero-emissions vans.
The multiplier for the car fuel benefit charge will increase from £27,800 to £28,200. The applicable benefit charge is calculated using a percentage based on the car's emissions.