4U.K.After section 159 there shall be inserted the following sections—
“159AA Vans available for private use.
(1)Where in any year, in the case of a person employed in employment to which this Chapter applies, a van is made available (without any transfer of the property in it) either to himself or to others being members of his family or household, and—
(a)it is so made available by reason of his employment and it is in that year available for his or their private use, and
(b)the benefit of the van is not (apart from this section) chargeable to tax as the employee’s income,
there is to be treated as emoluments of the employment, and accordingly chargeable to income tax under Schedule E, an amount equal to whatever is the cash equivalent of that benefit in that year.
(2)The cash equivalent of the benefit in the year concerned shall be ascertained in accordance with Schedule 6A.
(3)Where in any year the benefit of a van is chargeable to tax under this section as the employee’s income, he shall not be taxable—
(a)under Schedule E in respect of the discharge of any liability of his in connection with the van;
(b)under section 141 or 142 in respect of any non-cash voucher or credit-token to the extent that it is used by him—
(i)for obtaining money which is spent on goods or services in connection with the van, or
(ii)for obtaining such goods or services;
(c)under section 153 in respect of any payment made to him in respect of expenses incurred by him in connection with the van.
159AB Pooled vans.
Section 159 shall apply in relation to vans as it applies in relation to cars, and for the purposes of the application of that section to vans—
(a)any reference in that section to a car shall be construed as a reference to a van,
(b)the reference in subsection (1) of that section to a car pool shall be construed as a reference to a van pool, and
(c)the reference in subsection (3) of that section to section 157 shall be construed as a reference to section 159AA.”