The Van Benefit and Car and Van Fuel Benefit Order 2016 No. 1174

Amendment to section 155 of the Income Tax (Earnings and Pensions) Act 2003

3.  In section 155(1B)(a) and (b) of the Income Tax (Earnings and Pensions) Act 2003 (cash equivalent of the benefit of a van)(1) for “£3,170” substitute “£3,230”.

(1)

Section 155(1B) was substituted by section 10(1) and (2) of the Finance Act 2015 and amended by section 11 of the Finance Act 2016 (c. 24). The amount specified in section 155(1B)(a) and (b) was last substituted by S.I. 2015/1979.