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Legislation
Income Tax (Earnings and Pensions) Act 2003

Crossheading Van fuel: benefit treated as earnings

  • Section 160 Benefit of van fuel treated as earnings
  • Section 160A Benefit of van fuel treated as earnings: optional remuneration arrangements
  • Section 161 Van fuel: the cash equivalent
  • Section 162 Van fuel: nil cash equivalent
  • Section 163 Van fuel: proportionate reduction of cash equivalent
  • Section 164 Van fuel: reduction of cash equivalent
  1. Van fuel: benefit treated as earnings
  2. Van fuel: the cash equivalent

Section 161 | Van fuel: the cash equivalent

From legislation.gov.uk

The cash equivalent of the benefit of the fuel is—F1

(a)where the tax year is the tax year 2005-06 or 2006-07, nil, andF1

(b)where the tax year is a later tax year, £798.F1F2

Notes

  1. F1

    Ss. 155-164 substituted for ss. 155-166 (with effect in accordance with s. 80(2) of the amending Act) by Finance Act 2004 (c. 12), Sch. 14 para. 5

  2. F2

    Sum in s. 161(b) substituted (with application to the tax year 2026-27 and subsequent tax years) by The Van Benefit and Car and Van Fuel Benefit Order 2025 (S.I. 2025/1254), arts. 1(2), 2(4)

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