Part 3Employment income: earnings and benefits etc. treated as earnings

Chapter 6Taxable benefits: cars, vans and related benefits

Orders

170Orders etc. relating to this Chapter

1

The Treasury may by order substitute a greater amount for that for the time being specified in—

F6a

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

b

section 126(3)(d) (car: minimum price of later accessory),

c

section 132(3)(b) (car: maximum contributions deduction),

d

section 147(1)(b) (classic car: minimum value), or

e

section 147(7)(b) (classic car: maximum contributions deduction).

F21A

The Treasury may by order substitute a different amount for that for the time being specified in—

a

section F9155(1)(a) (cash equivalent where van subject only to restricted private use by employee F7or a zero-emission van ), and

b

section F8155(1)(b) (cash equivalent in other cases).

2

An order under subsection (1) F3or (1A) must specify the tax years to which it applies.

F52A

The Treasury may by order provide for a limit different from that specified in the Table in section 139(3A) (car with a low CO2 emissions figure) to apply for tax years beginning on or after 6th April 2009 or such later date as may be specified in the order.

3

The Treasury may by order provide for a “lower threshold” different from that specified in the Table in section 139(4) (car with a CO2 emissions figure) to apply for tax years beginning on or after F16th April 2006 or such later date as may be specified in the order.

4

The Treasury may by regulations provide for the value of the appropriate percentage as determined under sections 139 to 141 to be reduced—

a

by such amount,

b

in such circumstances, and

c

subject to such conditions,

as may be prescribed in the regulations.

5

The Treasury may by order substitute a different amount for that specified in section 150(1) (car fuel: cash equivalent) F4or section 161(b) (van fuel: cash equivalent).

6

An order under subsection (5) must specify the tax years to which it applies, being tax years beginning after that in which it is made.