Part 3Employment income: earnings and benefits etc. treated as earnings
Chapter 6Taxable benefits: cars, vans and related benefits
Cars: the price of a car
122The price of the car
F21
For the purposes of this Chapter the price of a car means—
This is subject to section 124A (automatic car for a disabled employee).
a
its list price, if it has one, or
b
its notional price, if it has no list price.
F12
This is subject to section 124A (automatic car for a disabled employee).