Part 3Employment income: earnings and benefits etc. treated as earnings
Chapter 6Taxable benefits: cars, vans and related benefits
Cars: appropriate percentage: first registered on or after 1st January 1998
C1140Car without a CO2 emissions figure: the appropriate percentage
1
The appropriate percentage for a year for a car without a CO2 emissions figure is determined under this section.
2
If the car has an internal combustion engine with one or more reciprocating pistons, the appropriate percentage for the year is—
Cylinder capacity of car in cubic centimetres | Appropriate percentage |
---|---|
1,400 or less | F1224% |
More than 1,400 but not more than 2,000 | F1335% |
More than 2,000 | F437% |
For this purpose a car’s cylinder capacity is the capacity of its engine as calculated for the purposes of VERA 1994.
3
If subsection (2) does not apply, the appropriate percentage for the year is—
b
F537% in any other case.
F33A
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F24
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
This section is subject to—
F7a
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
b
any regulations made by the Treasury under section 170(4) (power to reduce the appropriate percentage).