The Van Benefit and Car and Van Fuel Benefit Order 2020

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

This section has no associated Explanatory Memorandum

2.  In section 150(1) of the Income Tax (Earnings and Pensions) Act 2003 (car fuel: calculating the cash equivalent)(1) for “£24,100” substitute “£24,500”.

(1)

The figure specified in section 150(1) was last substituted by S.I. 2018/1176.