The Car and Van Fuel Benefit Order 2012

• Citation: S.I. 2012/3037
• Sections: 3

Section 1 Citation, commencement and effect

(1) This Order may be cited as the Car and Van Fuel Benefit Order 2012.

(2) This Order shall come into force on 31st December 2012 and has effect for the tax year 2013-14 and subsequent tax years.

Section 2 Amendment to section 150 of the Income Tax (Earnings and Pensions) Act 2003

In section 150(1) of the Income Tax (Earnings and Pensions) Act 2004 (car fuel: calculating the cash equivalent) for “£20,200” substitute “£21,100”.

Section 3 Amendment to section 161(b) of the Income Tax (Earnings and Pensions) Act 2003

In section 161(b) of the Income Tax (Earnings and Pensions) Act 2003 (van fuel: the cash equivalent) for “£550” substitute “£564”.