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Car fuel benefit: regulations

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The Car Fuel Benefit Order, SI 2012/915, increases from £18,800 to £20,200, with effect from 6 April 2012, the multiplier in ITEPA 2003 s 150 used to fix the cash equivalent of the benefit of car fuel received by an em

The Car Fuel Benefit Order, SI 2012/915, increases from £18,800 to £20,200, with effect from 6 April 2012, the multiplier in ITEPA 2003 s 150 used to fix the cash equivalent of the benefit of car fuel received by an employee. The multiplier will increase by 2% above RPI inflation in 2013/14, the government said at Budget 2012.

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