Statutory Instruments
2008 No. 511
Income Tax
The Car Fuel Benefit Order 2008
Made
26th February 2008
Laid before the House of Commons
27th February 2008
Coming into force
19th March 2008
The Treasury make the following Order in exercise of the powers conferred by section 170(5) and (6) of the Income Tax (Earnings and Pensions) Act 2003( 1 ).
Citation, commencement and effect
1. —(1) This Order may be cited as the Car Fuel Benefit Order 2008.
(2) This Order shall come into force on 19th March 2008 and has effect for the tax year 2008-09 and subsequent tax years.
Amendment to section 150 of the Income Tax (Earnings and Pensions) Act 2003
2. In section 150(1) of the Income Tax (Earnings and Pensions) Act 2003 (car fuel: calculating the cash equivalent) for “£14,400” substitute “£16,900”.
Alan Campbell
Dave Watts
Two of the Lords Commissioners of Her Majesty’s Treasury
26th February 2008
2003 c. 1 . Subsection (5) was amended by paragraph 7(4) of Schedule 14 to the Finance Act 2004 (c. 12) .