EmploymentU.K.
57 Mileage allowances: exemptions and reliefU.K.
F1(1). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F1(2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3)The consequential amendments in Part 2 of Schedule 12 to this Act have effect.
(4)This section has effect for the year 2002-03 and subsequent years of assessment.
Textual Amendments
F1S. 57(1)(2) repealed (with effect in accordance with s. 723(1)(a)(b) of the amending Act) by Income Tax (Earnings and Pensions) Act 2003 (c. 1), s. 723, Sch. 8 Pt. 1 (with Sch. 7)
F258 Mileage allowances: nil liability noticesU.K.
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Textual Amendments
F2S. 58 repealed (with effect in accordance with s. 723(1)(a)(b) of the amending Act) by Income Tax (Earnings and Pensions) Act 2003 (c. 1), s. 723, Sch. 8 Pt. 1 (with Sch. 7)
59 Employees’ vehicles: withdrawal of capital allowancesU.K.
(1)In Chapter 3 of Part 2 of the Capital Allowances Act 2001 (c. 2) (plant and machinery: qualifying expenditure), for section 36 (restriction on qualifying expenditure in case of employment or office) substitute—
“36 Restriction on qualifying expenditure in case of employment or office
(1)Where the qualifying activity consists of an employment or office—
(a)expenditure on the provision of a mechanically propelled road vehicle, or a cycle, is not qualifying expenditure, and
(b)other expenditure is qualifying expenditure only if the plant or machinery is necessarily provided for use in the performance of the duties of the employment or office.
(2)In this section “cycle” has the meaning given by section 192(1) of the Road Traffic Act 1988.”.
(2)Section 80 of that Act (vehicles provided for purposes of employment or office) is repealed.
(3)The above amendments apply to expenditure incurred on or after 6th April 2002.
(4)Where immediately before 6th April 2002—
(a)expenditure incurred by an employee on the provision of a mechanically propelled road vehicle, or a cycle, was qualifying expenditure for the purposes of Part 2 of the Capital Allowances Act 2001 (c. 2) , and
(b)the employee is treated for the purposes of that Part as owning an asset as a result of that expenditure having been incurred,
the employee shall be treated for the purposes of that Part of that Act as if he had ceased to own the asset at that time.
(5)In subsection (4)—
“employee” includes an office-holder; and
“cycle” has the meaning given by section 192(1) of the Road Traffic Act 1988 (c. 52).
F360 Exemption for works bus services: extension to minibusesU.K.
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Textual Amendments
F3Ss. 60-62 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)
F361 Employee share ownership plansU.K.
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Textual Amendments
F3Ss. 60-62 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)