The Van Benefit and Car and Van Fuel Benefit Order, SI 2022/1288, increases the base figure for calculating car fuel benefit to £27,800. It also amends the cash equivalent figure for calculating van benefit to £3,960 and van fuel benefit to £757. The order applies for the tax year 2023/24 and subsequent tax years. HMRC has also published an accompanying tax information and impact note.
The Van Benefit and Car and Van Fuel Benefit Order, SI 2022/1288, increases the base figure for calculating car fuel benefit to £27,800. It also amends the cash equivalent figure for calculating van benefit to £3,960 and van fuel benefit to £757. The order applies for the tax year 2023/24 and subsequent tax years. HMRC has also published an accompanying tax information and impact note.
