Section 160 — Income Tax (Earnings and Pensions) Act 2003: Benefit of van fuel treated as earnings

Benefit of van fuel treated as earnings 160 1 If in a tax year—

a fuel is provided for a van by reason of an employee’s employment, b that person is chargeable to tax in respect of the van by virtue of section 154 or 154A , and c the cash equivalent of the van for that year is that under section 155(1B)(b) , the cash equivalent of the benefit of the fuel is to be treated as earnings from the employment for that year.

2 The cash equivalent of the benefit of the fuel is calculated in accordance with sections 161 to 164.

3 Fuel is to be treated as provided for a van, in addition to any other way in which it may be provided, if—

a any liability in respect of the provision of fuel for the van is discharged, b a non-cash voucher or a credit-token is used to obtain fuel for the van, c a non-cash voucher or a credit-token is used to obtain money which is spent on fuel for the van, or d any sum is paid in respect of expenses incurred in providing fuel for the van. 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

5 This section is subject to section 160A.