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Pay for fuel so should i pay BIK

  • 13-09-2015 06:54PM
    #1
    Posts: 89 ✭✭


    Hi

    I drive a van for work and pay my employer for my commute to and from work as I have a long commute. Should I be paying BIK? I don't use the van for personal use.

    Thanks


Comments

  • Registered Users, Registered Users 2 Posts: 75,555 ✭✭✭✭L1011


    If your employer requires you to keep the van at home and you only use it for business purposes and spend more than 80% of your time away from base, you can be exempted from BIK. This was always the case when I had a company van - there was no secure storage at the office and I had my own private car. My employer required proof of that before they'd agree though.

    As goes the fuel you pay for yourself, this *might* be allowable against the BIK but I'd want that checked with someone with more experience of the rules:

    http://www.revenue.ie/en/tax/it/leaflets/benefit-in-kind/private-use-vans.html#section6


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