47Company cars: lower threshold for CO2 emissions figure
(1)In section 139(4) of ITEPA 2003 (car with a CO2emissions figure: the appropriate percentage), for the table substitute—
| “Tax year | Lower threshold (in g/km) |
|---|---|
| 2008-09 or 2009-10 | 135 |
| 2010-11 and subsequent tax years | 130”. |
(2)In consequence of the amendment made by subsection (1), omit—
(a)in FA 2003, section 138(3), and
(b)in FA 2006, section 59(6).
(3)The amendments made by this section have effect for the tax year 2008-09 and subsequent tax years.