Iain Stewart  Rebecca Harris Two of the Lords Commissioners of Her Majesty’s Treasury  27th February 2020  EXPLANATORY NOTE  (This note is not part of the Order)  This Order amends sections 150(1), 155(1B) and 161(b) of the Income Tax (Earnings and  Pensions) Act 2003 (c. 1) (“the Act”).  Where an employee receives fuel for a car or van as a result of their employment and they are  chargeable to tax in respect of that vehicle under section 120 or 154 of the Act, the cash equivalent  of the benefit of that fuel is treated as earnings under sections 149 and 160 of the Act.  The cash equivalent of the benefit of fuel for a car is normally calculated by applying the  “appropriate percentage” (usually calculated by reference to the CO$_{2 }$emissions of the car) to the  figure in section 150(1) of the Act. Article 2 of this Order increases this figure to £24,500 for the  tax year 2020-21 and subsequent tax years. The cash equivalent of the benefit of fuel for a van is  specified at in section 161(b) of the Act. Article 4 of this Order increases this figure to £666 for  the tax year 2020-21 and subsequent tax years.  Where a van is made available by reason of the employment to an employee for private use that is  more than insignificant and not limited to ordinary commuting, section 154 of the Act treats the  cash equivalent of the benefit of the van as earnings. For vans that cannot in any circumstances  emit CO$_{2 }$by being driven, the cash equivalent of the benefit for the tax years 2015-16 to 2021-22  is calculated by applying the “appropriate percentage” (calculated by reference to the tax year and  to section 155(1C) of the Act) to the figure in section 155(1B)(a) of the Act. For other vans, the  cash equivalent of the benefit is set out in section 155(1B)(b) of the Act. Article 3 of this Order  increases these figures to £3,490 for the tax year 2020-21 and subsequent tax years.  A Tax Information and Impact Note covering this instrument will be published on the website at  www.gov.uk/government/collections/tax-information-and-impact-notes-tiins.  © Crown copyright 2020  Printed and published in the UK by The Stationery Office Limited under the authority and superintendence of Jeff James,  Controller of Her Majesty’s Stationery Office and Queen’s Printer of Acts of Parliament.  £4.90  UK202002281005 03/2020 19585  http://www.legislation.gov.uk/id/uksi/2020/199  ISBN 978-0-11-119356-3