Van and Van Fuel
The van and van fuel benefit component consists Van Processing Details and Fuel Processing Details.
You need to enter the required information for the van processing details component:
| Field | Description |
|---|---|
| Reporting or Processing | Complete this field only if the option at the organization level is set to payroll processing, but the benefit will now be reported on P11D. If you've set it to P11D Reporting, you can't change it back to payroll processing for the remaining periods of the tax year. If you need to set it to P11D reporting, you need end date the processing component and the related child components. Create a component with the effective date from when the P11D reporting is required. Ensure that the values on this new component don't include the amounts taxed through payroll. |
| Available from Date | This is the date from when the benefit needs to be processed in the payroll. |
| Available to Date | Enter the date to which benefit needs to be processed I payroll. After this date the processing of the benefit will stop and the appropriate proration will take place to ensure correct taxable value is calculated. |
| Zero Emission | Select this check box to report zero emission. |
| Percentage Reduction for Sharing Van |
Enter a value between 1 and 100. This is the percentage reduction applied if the van is shared. |
| Explanation of Basis of Sharing Reduction | Enter the explanation for the basis for sharing this van. You must enter an explanation if you have entered the Percentage Reduction for Sharing Van. |
| Payment Made for Private Use | Enter a value between 0 to 99999999. Enter the value as an annual amount regardless of processing or reporting on P11D. |
| Amount Foregone | Enter a value between 0 to 99999999. Enter the amount that the employee has foregone for this benefit. For more details, see OpRA rules. |
| Cash Equivalent Override Amount for Van | Enter a value between 0 to 99999999. You need to enter the
annual amount. This is used for P11D reporting if you need to
override the taxable amount calculated by the payroll process.
This amount is used as fueld benefit value to be reported on P11D. If it's processed through payroll, it will be divided by the number of periods and added to the taxable pay for the period. |
| Fuel Benefit Provided |
If you select this option, the fuel benefit information on worksheets will not be used for output. You need to select this if Fuel Processing Details component values are present. |
| Field | Description |
|---|---|
| Date Fuel Provision Withdrawn | Enter a date within the date range of the current tax year. |
| Additional Days After Withdrawal | Enter the number of days between 0 to 365 (or 366 for a leap year). The total days in the tax year must be entered if benefit is reported on P11D reporting. For processing through payroll, you can enter the number of days as required. You can either create several child component details for each instance of additional days, or increment the number days in the existing component details with the total for the tax year. |
| Fuel Provision Reinstated | This will only be required if there is a date provided for Fuel Provision Withdrawn. |
| Amount Foregone for Fuel |
Enter a value between 0 to 99999999. Enter the amount that the employee has foregone for this benefit. |
| Cash Equivalent Override Amount for Fuel |
Enter a value between 0 to 99999999. Enter a value to override the cash equivalent that's calculated by the application. This amount is used as fuel benefit value to be reported on P11D, or if processed through payroll and added to the taxable pay. |
Period of Unavailability Van
This is an additional component available for Van and Van Fuel. If there are any periods when the van was not available during the tax year, you can enter the information on this component details.
| Field | Description |
|---|---|
| Additional Number of Days of Unavailability | Enter the number of days between 0 to 365 (or 366 for a leap
year). The total days unavailable in the tax year must be
entered, if benefit is reported on P11D reporting. If processing through payroll, you can create a new child component for each new occurrence of days of unavailability, as required. Alternatively, create one component and replace the number of days with the incremented total so far for the tax year. |
For P11D reporting, you need one Period of Unavailability component detail where any additional number of days during the year can be entered as a total to be added to any initial periods of unavailability.