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Textual Amendments
F1S. 21 repealed (with effect in accordance with s. 723(1)(a)(b) of the amending Act) by Income Tax (Earnings and Pensions) Act 2003 (c. 1), s. 723, Sch. 8 Pt. 1 (with Sch. 7)
(1)In Schedule 6 to the Taxes Act 1988 (taxation of directors and others in respect of cars) for Part I (tables of flat rate cash equivalents) there shall be substituted—
Cylinder capacity of car in cubic centimetres | Age of car at end of relevant year of assessment | |
---|---|---|
Under 4 years | 4 years or more | |
1400 or less | £1,700 | £1,150 |
More than 1400 but not more than 2000 | £2,200 | £1,500 |
More than 2000 | £3,550 | £2,350 |
Original market value of car | Age of car at end of relevant year of assessment | |
---|---|---|
Under 4 years | 4 years or more | |
Less than £6,000 | £1,700 | £1,150 |
£6,000 or more but less than £8,500 | £2,200 | £1,500 |
£8,500 or more but not more than £19,250 | £3,550 | £2,350 |
(2) This section shall have effect for the year 1990-91 and subsequent years of assessment.” | ||
Original market value of car | Age of car at end of relevant year of assessment | |
---|---|---|
Under 4 years | 4 years or more | |
More than £19,250 but not more than £29,000 | £4,600 | £3,100 |
More than £29,000 | £7,400 | £4,900 |