Tax Tips

The Taxman's more relaxed approach to vans.
The annual taxable benefit-in-kind (BiK) for private use of a van is currently fixed at £3,000, irrespective of value and CO2 emissions. And, unlike a car, driving to and from your place of work won't usually count as private mileage. If private travel is insignificant and it's used mainly for work, the BiK is reduced to zero.

A Tax Free Perk.
If you receive a gift of entertainment, e.g. tickets to a sporting event, from a third party, such as supplier or customer, you won't have to pay tax on this, although some conditions apply. This tax break extends to your family and friends so if you're lucky enough to receive more than one ticket, they can come along too.