Section 161 Van fuel: the cash equivalentF1
United Kingdom
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£798.
Annotations
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 (with application to the tax year 2026-27 and subsequent tax years) by The Van Benefit and Car and Van Fuel Benefit Order 2025 (S.I. 2025/1254), arts. 1(2), 2(4)
Notes on Chapter 6
Modifications
- C1
Pt. 3 Ch. 6 modified (6.4.2020 for the tax year 2020-21) by Finance Act 2020 (c. 14), s. 9
- C2
Pt. 3 Ch. 6 modified (6.4.2021 for the tax year 2021-22) by Finance Act 2020 (c. 14), s. 10