Pool vehicles

Produced by a Tolley Employment Tax expert
Employment Tax
Guidance

Pool vehicles

Produced by a Tolley Employment Tax expert
Employment Tax
Guidance
imgtext

Introduction

Employers may make pool vehicles available that can be accessed by a number of employees. These will usually either be cars or vans.

There is a general exemption from tax for pool vehicles. If the vehicle meets the requirements of the exemption, there is no charge to tax. However, if the exemption is not met, then a charge to tax arises under the company car or company van benefit legislation. The benefit is then attributed to the employee dependent upon the proportion of the tax year that the vehicle is available to them.

Pooled vehicle

There is a general exemption from tax for pooled vehicles as long as all of the following requirements within ITEPA 2003, ss 167 and 168 are met:

  1. the vehicle should be made available to more than one employee. The vehicle should also be actually used by more than one employee. For example, if only one person has use of the vehicle, you should consider the company car / van rules described in the Company cars or Company vans guidance notes. If the

Continue reading the full document
To gain access to additional expert tax guidance, workflow tools, generative tax AI, and tax research, register for a free trial of Tolley+™
Powered by Tolley+
  • 25 Nov 2025 10:43

Popular Articles

Relief for employee share schemes

Relief for employee share schemesRemuneration expenses are generally deductible for corporation tax purposes as they are considered to be incurred wholly and exclusively for the purposes of the trade. However, expenses relating to shares are usually classed as capital and are therefore not

14 Jul 2020 13:21 | Produced by Tolley Read more Read more

Corporate interest restriction ― administrative aspects

Corporate interest restriction ― administrative aspectsThe corporate interest restriction (CIR) regime has some specific administrative rules in addition to the general administrative requirements for corporation tax returns. This guidance note does not include commentary on provisions that are

14 Jul 2020 11:19 | Produced by Tolley Read more Read more

Parking provision and expenses

Parking provision and expensesCar parking facilities at or near to the employee’s workplaceThere is an exemption from tax and NIC where an employer provides parking, or pays for or reimburses an employee for the costs associated with car parking at or near the place of work; there are no reporting

14 Jul 2020 11:09 | Produced by Tolley Read more Read more