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unrestricted use of <a href="/content/taxcentre_planning/foyj.html#company_vans">company vans</a> will be £3,000 (with no reduction for older vans) plus a further £500 of taxable benefit if fuel is provided by the employer for private travel.</strong></p> <p>The maximum tax payable on the use of a company van is £1,400 p.a., and the employer's Class1A <acronym title="National Insurance Contributions">NIC</acronym> payable is £448 p.a.</p> <table border="0" cellspacing="1" cellpadding="4" align="center" class="tablelines"> <tr> <td class="tablehead">Van and fuel charge</td> <td class="tablehead">2007/08</td> <td class="tablehead">2006/07</td> </tr> <tr> <td colspan="3" class="tablehead">Van more than four years old</td> </tr> <tr> <td class="tablebody">Tax (22% taxpayer)</td> <td class="tablebody">£770</td> <td class="tablebody">£77</td> </tr> <tr> <td class="tablebody">Tax (40% taxpayer)</td> <td class="tablebody">£1,400</td> <td class="tablebody">£140</td> </tr> <tr> <td class="tablebody">Employer’s class 1A <acronym title="National Insurance Contributions">NIC</acronym>s</td> <td class="tablebody">£448</td> <td class="tablebody">£44.80</td> </tr> <tr> <td colspan="3" class="tablehead">Van less than four years old</td> </tr> <tr> <td class="tablebody">Tax (22% taxpayer)</td> <td class="tablebody">£770</td> <td class="tablebody">£110</td> </tr> <tr> <td class="tablebody">Tax (40% taxpayer)</td> <td class="tablebody">£1,400</td> <td class="tablebody">£200</td> </tr> <tr> <td class="tablebody">Employer’s Class 1A <acronym title="National Insurance Contributions">NIC</acronym></td> <td class="tablebody">£448</td> <td class="tablebody">£64</td> </tr> </table> </div> </div> <div id="sharedContentRightColWrapper">  <div id="sharedContentNavWrapper" class="curvyCorners"> <p class="hiddenAnchor"><a name="topper"></a></p> <h3>Budget Report</h3> <ul> <li><a href="/content/taxcentre_budget07/budgeth.html" class="subnav" title="Budget highlights">Budget highlights</a></li> <li><a href="/content/taxcentre_budget07/business_tax.html" class="subnav" title="Business taxation">Business taxation</a></li> <li><a href="/content/taxcentre_budget07/business_incentives.html" class="subnav" title="Business incentives">Business incentives</a></li> <li><a href="/content/taxcentre_budget07/company_c.html" class="subnav" title="Company cars">Company cars</a></li> <li><a href="/content/taxcentre_budget07/company_vans.html" class="subnav" title="Company vans">Company vans</a></li> <li><a href="/content/taxcentre_budget07/mileage_allowances.html" class="subnav" title="Mileage allowances">Mileage allowances</a></li> <li><a href="/content/taxcentre_budget07/vat.html" class="subnav" title=""Value Added Tax>Value Added Tax</a></li> <li><a href="/content/taxcentre_budget07/income_t.html" class="subnav" title="Personal taxation">Personal taxation</a></li> <li><a href="/content/taxcentre_budget07/ni.html" class="subnav" title="National insurance 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