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The Van Benefit and Car and Van Fuel Benefit Order 2021

Statement made on 4 February 2021

Statement UIN HCWS763

Statement

The van benefit charge and fuel benefit charges for cars and vans will be uprated by the Consumer Price Index from 6 April 2021. The uprate will take effect as follows:

  • Van Benefit Charge will uprate from £3,490 to £3,500
  • Car Fuel Benefit Charge multiplier will uprate from £24,500 to £24,600
  • Van Fuel Benefit Charge will uprate from £666 to £669

This measure is being announced outside of the normal fiscal process to ensure employers and HMRC are given enough time to prepare for the uprate, ahead of the 2021-22 tax year.

The Government will lay the statutory instrument to uprate these charges before the House on 9 March 2021. A tax information and impact note (TIIN) will be published at Budget 2021 and will be available at www.gov.uk/government/collections/tax-information-and-impact-notes-tiins.

Statement from

Treasury

Linked statements

This statement has also been made in the House of Lords

Treasury
The Van Benefit and Car and Van Fuel Benefit Order 2021
Lord Agnew of Oulton
Minister of State
Conservative, Life peer
Statement made 5 February 2021
HLWS761
Lords