As announced in the Autumn Statement on 17 November, HM Revenue & Customs (HMRC) has now released the figures for the increased van benefit charge and the car and van fuel benefit charges. The figures are increasing by the consumer price index (CPI) from April 2023.
They are:
- The flat-rate van benefit charge will increase to £3,960 from £3,600 in 2022/23.
- The flat-rate van fuel benefit charge will increase to £757 from £688.
- The multiplier for the car fuel benefit will increase to £27,800 from £25,300,
The BVRLA’s fact sheets have been updated with this information and are available here:
