EIM22915 - Van fuel benefit from tax year 2005 to 2006: cash equivalent
Section 161 ITEPA 2003
The van fuel charge is not incurred:
- for years up to tax year 2009 to 2010, if the van is powered solely by electricity
- for years from tax year 2010 to 2011 onwards, if the van cannot in any circumstances emit CO2 by being driven (a zero emission van)
Cash equivalent where the charge is incurred
The cash equivalent of the van fuel benefit charge is as follows:
| Tax year | Cash equivalent of the van fuel benefit charge |
|---|---|
| 2023 to 2024 onwards | £757 |
| 2022 to 2023 | £688 |
| 2021 to 2022 | £669 |
| 2020 to 2021 | £666 |
| 2019 to 2020 | £655 |
| 2018 to 2019 | £633 |
| 2017 to 2018 | £610 |
| 2016 to 2017 | £598 |
| 2015 to 2016 | £594 |
| 2014 to 2015 | £581 |
| 2013 to 2014 | £564 |
| 2012 to 2013 | £550 |
| 2011 to 2012 | £550 |
| 2010 to 2011 | £550 |
Possible adjustments to the charge
The above charge is subject to adjustment as follows:
- see EIM22920 for conditions under which it is reduced to nil
- see EIM22925 if the van is unavailable for part of the year
- see EIM22930 if free fuel is withdrawn during the year and not reinstated
- see EIM22935 if the van is shared
- see EIM22940 for the effect of replacement vans.
Example
See EIM22980.