SE23765 - Car fuel benefit: 2003/04 onwards: summary

Section 158 ICTA 1988 as amended by section 34 FA 2002

The car fuel benefit system was radically revised for years from 2003/04 onwards.

Unchanged:

• the circumstances in which a fuel benefit charge is incurred ( SE23750 onwards)
• reductions for periods when the car was not available ( SE23775)
• means by which the charge is either not incurred or reduced to zero ( SE23773).

Changes:

There are two major changes to the system in operation until 2002/03:

• how the benefit is measured
• reduction of the benefit when free fuel is withdrawn.

For full guidance see the contents page at EIM23700.