Car Fuel Benefit Order 2011 comes into force

Implementation date: 1 April 2011

The Order increases the figure in s.150(1) of the Income Tax (Earnings and Pensions) Act 2003, which is used to calculate the cash equivalent of the benefit of car fuel received by an employee, from £18,000 to £18,800. This applies where the employee's car is taxable under s.120 of the Act. The Order can be viewed on the UK legislation website.