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The Van Benefit and Car and Van Fuel Benefit Order 2020
02 March 2020
Type
Written Ministerial Statement
Department
Treasury
At a Glance
Issue Summary
The van benefit charge and fuel benefit charges for cars and vans are being uprated by the Consumer Price Index from April 6, 2020.
Action Requested
The Government will lay the statutory instrument to uprate these charges before the House today, allowing employers and HMRC time to prepare for the changes ahead of the 2020-21 tax year. A TIIN will be published on the government website.
Key Facts
- The van benefit charge and fuel benefit charges will be uprated by the Consumer Price Index from April 6, 2020.
- The statutory instrument to uprate these charges will be laid before the House today.
- A Tax Information and Impact Note (TIIN) will be published at www.gov.uk/government/collections/tax-information-and-impact-notes-tiins.
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