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Version Superseded: 21/07/2009
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Income Tax (Earnings and Pensions) Act 2003, Section 139 is up to date with all changes known to be in force on or before 04 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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(1)The appropriate percentage for a year for a car with a CO2 emissions figure depends upon [F1whether—
(a)the car is a qualifying low emissions car for that year, or
(b)the car’s CO2 emissions figure exceeds the lower threshold for that year.]
[F2(1A)A car is a qualifying low emissions car for any year if—
(a)it has a low CO2 emissions figure for that year, and
(b)it is not an electrically propelled vehicle, within the meaning of section 140.
(1B)If the car is a qualifying low emissions car for the year, the appropriate percentage is 10%.]
[F3(2)If—
(a)the car is not a qualifying low emissions car for the year, but
(b)its CO2 emissions figure does not exceed the lower threshold for the year,
the appropriate percentage for the year is 15% (“the basic percentage”).]
(3)If the car’s CO2 emissions figure does exceed the lower threshold for the year, the appropriate percentage for the year is whichever is the lesser of—
(a)the basic percentage increased by one percentage point for each 5 grams per kilometre by which the CO2 emissions figure exceeds the lower threshold for the year, and
(b)35%.
[F4(3A)A car has a low CO2 emissions figure for a year if its CO2 emissions figure does not exceed the limit for that year in the following Table—
Tax year | Limit (in g/km) |
---|---|
2008-09 and subsequent tax years | 120] |
(4)The lower threshold is—
[F5Tax year | Lower threshold (in g/km) |
---|---|
2008-09 or 2009-10 | 135 |
2010-11 and subsequent tax years | 130] |
(5)If the car’s CO2 emissions figure is not a multiple of 5, it is to be rounded down to the nearest multiple of 5 for the purposes of this section.
[F6(5A)Subsection (5) does not apply for the purpose of determining whether a car has a low CO2 emissions figure for a year.]
(6)This section is subject to—
(a)section 141 (diesel cars), and
(b)any regulations made by the Treasury under section 170(4) (power to reduce the appropriate percentage).
Textual Amendments
F1Words in s. 139(1) substituted (with effect for the tax year 2008-09 and subsequent tax years in accordance with s. 59(10) of the amending Act) by Finance Act 2006 (c. 25), s. 59(2)
F2S. 139(1A)(1B) inserted (with effect for the tax year 2008-09 and subsequent tax years in accordance with s. 59(10) of the amending Act) by Finance Act 2006 (c. 25), s. 59(3)
F3S. 139(2) substituted (with effect for the tax year 2008-09 and subsequent tax years in accordance with s. 59(10) of the amending Act) by Finance Act 2006 (c. 25), s. 59(4)
F4S. 139(3A) inserted (with effect for the tax year 2008-09 and subsequent tax years in accordance with s. 59(10) of the amending Act) by Finance Act 2006 (c. 25), s. 59(5)
F5S. 139(4) table substituted (with effect in accordance with s. 47(3) of the amending Act) by Finance Act 2008 (c. 9), s. 47(1)
F6S. 139(5A) inserted (with effect for the tax year 2008-09 and subsequent tax years in accordance with s. 59(10) of the amending Act) by Finance Act 2006 (c. 25), s. 59(7)
Modifications etc. (not altering text)
C1Ss. 133-142 applied by S.I. 2001/1123, reg. 2 (as amended (6.4.2008) by The Income Tax (Car Benefits) (Reduction of Value of Appropriate Percentage) (Amendment) Regulations 2007 (S.I. 2007/3068), regs. 1, 3)
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