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Company vehicle fuel rates

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The Van Benefit and Car and Van Fuel Benefit Order, SI 2015/1979, increases the multiplier figure used to calculate the cash equivalent of the benefit of fuel received by an employee for private motoring in a company car to £22,200 (currently £22,100) with effect from 6 April 2016.

The Van Benefit and Car and Van Fuel Benefit Order, SI 2015/1979, increases the multiplier figure used to calculate the cash equivalent of the benefit of fuel received by an employee for private motoring in a company car to £22,200 (currently £22,100) with effect from 6 April 2016. The cash equivalent of the benefit of a van is increased to £3,170 (from £3,150) and the van fuel benefit figure is increased to £598 (from £594).

Issue: 1289
Categories: News
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