The Van Benefit and Car and Van Fuel Benefit Order 2018 No. 1176

Amendment to section 150 of the Income Tax (Earnings and Pensions) Act 2003

2.  In section 150(1) of the Income Tax (Earnings and Pensions) Act 2003 (car fuel: calculating the cash equivalent)(1) for “£23,400” substitute “£24,100”.

(1)

The amount specified in section 150(1) was last substituted by S.I. 2017/1176.