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Legislation
Income Tax (Earnings and Pensions) Act 2003

Crossheading Car fuel: benefit treated as earnings

  • Section 149 Benefit of car fuel treated as earnings
  • Section 149A Benefit of car fuel treated as earnings: optional remuneration arrangements
  • Section 150 Car fuel: calculating the cash equivalent
  • Section 151 Car fuel: nil cash equivalent
  • Section 152 Car fuel: proportionate reduction of cash equivalent
  • Section 153 Car fuel: reduction of cash equivalent
  1. Car fuel: benefit treated as earnings
  2. Car fuel: nil cash equivalent

Section 151 | Car fuel: nil cash equivalent

From legislation.gov.uk

(1)The cash equivalent of the benefit of the fuel is nil if condition A or B is met.

(2)Condition A is met if ...—

(a)in the tax year in question, the employee is required to make good to the person providing the fuel the whole of the expense incurred by that person in connection with the provision of the fuel for the employee’s private use, andF1

(b)the employee does make good that expense on or before 6 July following that tax year .F2

(3)Condition B is met if in the tax year in question the fuel is made available only for business travel (see section 171(1)).

Notes

  1. F1

    Words in s. 151(2)(a) inserted (with effect in accordance with s. 1(14) of the amending Act) by Finance (No. 2) Act 2017 (c. 32), s. 1(8)(b)

  2. F2

    Words in s. 151(2)(b) inserted (with effect in accordance with s. 1(14) of the amending Act) by Finance (No. 2) Act 2017 (c. 32), s. 1(8)(c)

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