The 2023/2024 Van Fuel Benefit Charge rate is £757. As this is the benefit rate:
20% taxpayers have to pay £151.40 – around £12.62 per month. 40% taxpayers have to pay £302.0 – around £25.23 per month
Not only is this cheaper than the fuel benefit charge for company cars, the amount can be shared between employees who use the same van.
The UK government is keen to encourage businesses to switch to electric vans has meant that they have attracted zero VED and BIK rates. Up until 1 April 2025, the E-Van road tax and BiK is zero.
This will all change with the start of the new tax year in 2025, when the government has elected to bring electric vans into line with petrol and diesels, meaning you will pay the same.
There’s also no Van Fuel Benefit Charge on electric vans as, to quote the government’s official documentation, ‘electricity is not a fuel’. This is not set to change as a result of the 2022 Autumn Statement, as the government has simply said it will rise in line with the consumer price index.