Part 3Employment income: earnings and benefits etc. treated as earnings
C3C2Chapter 6Taxable benefits: cars, vans and related benefits
Pt. 3 Ch. 6 modified (6.4.2021 for the tax year 2021-22) by Finance Act 2020 (c. 14), s. 10
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 | F324% |
More than 1,400 but not more than 2,000 | F535% |
More than 2,000 | F737% |
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
F1037% in any other case.
F123A
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F134
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
This section is subject to—
F9a
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
b
any regulations made by the Treasury under section 170(4) (power to reduce the appropriate percentage).
Pt. 3 Ch. 6 modified (6.4.2020 for the tax year 2020-21) by Finance Act 2020 (c. 14), s. 9