[154A Benefit of van treated as earnings: optional remuneration arrangements]
Income Tax (Earnings and Pensions) Act 2003 (2003 c 1) | Legislation

[154A  Benefit of van treated as earnings: optional remuneration arrangements]

[(1)     Where this Chapter applies to a van in relation to a particular tax year and the conditions in subsection (2) are met—

(a)     the relevant amount is to be treated as earnings from the employment for that tax year, and

(b)     section 154(1) does not apply.

In such a case (including a case where the relevant amount is nil) the employee is referred to in this Chapter as being chargeable to tax in respect of the van in the tax year.

(2)     The conditions are that—

(a)     the van is made available to the employee or member

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