Income Tax (Earnings and Pensions) Act 2003

[F1 161 Van fuel: the cash equivalent U.K.

The cash equivalent of the benefit of the fuel is—

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

(b) where the tax year is a later tax year, [F2 £757.]]

Textual Amendments

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

F2 Sum in s. 161(b) substituted (6.4.2023 with application to the tax year 2023-24 and subsequent tax years) by The Van Benefit and Car and Van Fuel Benefit Order 2022 (S.I. 2022/1288), arts. 1(2), 4