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Statutory Instruments

2014 No. 2896

Income Tax

The Van Benefit and Car and Van Fuel Benefit Order 2014

Made

1st December 2014

Laid before the House of Commons

2nd December 2014

Coming into force

31st December 2014

The Treasury, in exercise of the powers conferred by section 170(1A), (2), (5) and (6) of the Income Tax (Earnings and Pensions) Act 2003(1), makes the following Order:

Citation, commencement and effectI1

1.—(1) This Order may be cited as the Van Benefit and Car and Van Fuel Benefit Order 2014.

(2) This Order shall come into force on 31st December 2014 and has effect for the tax year 2015-16 and subsequent tax years.

Amendment to section 150 of the Income Tax (Earnings and Pensions) Act 2003 I2

2. In section 150(1) of the Income Tax (Earnings and Pensions) Act 2003 (car fuel: calculating the cash equivalent)(2) for “£21,700” substitute “£22,100”.

Amendment to section 155 of the Income Tax (Earnings and Pensions) Act 2003

F13. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Amendment to section 161 of the Income Tax (Earnings and Pensions) Act 2003 I3

4. In section 161(b) of the Income Tax (Earnings and Pensions) Act 2003 (van fuel: the cash equivalent)(3) for “£581” substitute “£594”.

David Evennett

Alun Cairns

Two of the Lords Commissioners of Her Majesty’s Treasury

1st December 2014

(1)

2003 c. 1; section 170(1A) was inserted by paragraphs 1 and 7 of Schedule 14 to the Finance Act 2004 (c. 12) and amended by section 58(1) and (15) of the Finance Act 2010 (c. 13). Section 170(2) and (5) was amended by paragraphs 1 and 7 of Schedule 14 to the Finance Act 2004.

(2)

The amount specified in section 150(1) was last substituted by S.I. 2013/3033.

(3)

Section 161 was substituted by paragraphs 1 and 5 of Schedule 14 to the Finance Act 2004. The amount specified in section 161(b) was last substituted by S.I. 2013/3033.

Status: There are currently no known outstanding effects for The Van Benefit and Car and Van Fuel Benefit Order 2014.
The Van Benefit and Car and Van Fuel Benefit Order 2014 (2014/2896)
Version from: 26 March 2015

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Status of this instrument

in force Provision is in force
in force* In force only for specified purposes (for detail about the purposes see/hover footnote)
not in force Not in force in England (may be in force in other geographies, see footnotes)
italics Defined term
dfn Defined term (alternative style)
gry bckgrd the in-force status of the provision is complex, check the footnotes
footnote commentary transitional and savings in force status related provisions geo extent insert/omit source count in force adj
F1 Art. 3 revoked (with effect in accordance with s. 10(8) of the amending Act) by Finance Act 2015 (c. 11), s. 10(7)
I1 Art. 1 in force at 31.12.2014, see art. 1(2)
I2 Art. 2 in force at 31.12.2014, see art. 1(2)
I3 Art. 4 in force at 31.12.2014, see art. 1(2)
Defined Term Section/Article ID Scope of Application

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