If you supply your employee with a company van for private use this is a benefit in kind. If a vehicle does not meet all the criteria above the vehicle may be a car for tax purposes. This section is only applicable Company Van ownership of the van Company Van not transfer to the employee. If you transfer the van to your employee, general BIK rules shall apply. If you pay an allowance to an employee to allow them to purchase a van, this will be taxable salary and this section shall not apply.

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History - Vans

Brothers Paul Van Doren and Jim Van Doren along with partners Gordon Lee and Serge Delia open for business at 704 E. Broadway in Anaheim, Calif. on March 16. The Van Doren Rubber Company is unique in that it manufactures shoes on premises and sells them directly to the public.…