Part IIIncome Tax, Corporation Tax and Capital Gains Tax
Chapter IGeneral
Benefits in kind
71Car fuel: 1993-94
1
In section 158 of the Taxes Act 1988 (car fuel) for the Tables in subsection (2) (tables of cash equivalents) there shall be substituted—
TABLE A
Cylinder capacity of car in cubic centimetres
Cash equivalent
1,400 or less
£600
More than 1,400 but not more than 2,000
£760
More than 2,000
£1,130
TABLE AB
Cylinder capacity of car in cubic centimetres
Cash equivalent
2,000 or less
£550
More than 2,000
£710
TABLE B
Original market value of car
Cash equivalent
Less than £6,000
£600
£6,000 or more but less than £8,500
£760
£8,500 or more
£1,130
2
In subsection (5) of that section (reductions in cash equivalents) the words “or 3” shall be omitted.
3
This section shall have effect for the year 1993-94.