The Van Benefit and Car and Van Fuel Benefit Order, SI 2016/1174, increases the multiplier figure used to calculate the cash equivalent of the benefit of fuel received by an employee for private motoring in a company car to £22,600 (currently £22,200) with effect from 6 April 2017. The cash equivalent of the benefit of a van is increased to £3,230 (from £3,170) and the van fuel benefit figure is increased to £610 (from £598).
The Van Benefit and Car and Van Fuel Benefit Order, SI 2016/1174, increases the multiplier figure used to calculate the cash equivalent of the benefit of fuel received by an employee for private motoring in a company car to £22,600 (currently £22,200) with effect from 6 April 2017. The cash equivalent of the benefit of a van is increased to £3,230 (from £3,170) and the van fuel benefit figure is increased to £610 (from £598).
