Statutory Instruments
2011 No. 895
Income Tax
The Car Fuel Benefit Order 2011
Made
23rd March 2011
Laid before the House of Commons
23rd March 2011
Coming into force
1st April 2011
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 2011.
(2) This Order comes into force on 1st April 2011 and has effect for the tax year 2011-12 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)( 2 ) for “£18,000” substitute “£18,800”.
Michael Fabricant
James Duddridge
Two of the Lords Commissioners of Her Majesty’s Treasury
23rd March 2011
2003 c. 1 ; section 170(5) was amended by paragraph 7(4) of Schedule 14 to the Finance Act 2004 (c. 12) .
Section 150(1) was last amended by S.I. 2010/406 .