Part 3Employment income: earnings and benefits etc. treated as earnings
C2C1Chapter 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
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—
F5a
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
b
section 126(3)(d) (car: minimum price of later accessory),
c
section 132(3)(b) (car: maximum contributions deduction),
F11ca
section 132A(5)(b) (corresponding provision with respect to optional remuneration arrangements),
d
section 147(1)(b) (classic car: minimum value), F13...
e
section 147(7)(b) (classic car: maximum contributions deduction)F9, or
f
section 147A(1)(b) (classic car: minimum value: optional remuneration arrangements).
F41A
The Treasury may by order substitute a different amount for the amount for the time being specified in—
a
section 155(1A) (cash equivalent where van subject only to restricted private use by employee),
b
F7ba
section 155(1B)(aa) (cash equivalent for zero-emissions vans in tax year 2021-22 and subsequent tax years), and
c
section 155(1B)(b) (cash equivalent in other cases).
2
An order under subsection (1) F8or (1A) must specify the tax years to which it applies.
F102A
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F63
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
The Treasury may by regulations provide for the value of the appropriate percentage as determined under sections 139 F1and 140 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) F2or 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.
Pt. 3 Ch. 6 modified (6.4.2020 for the tax year 2020-21) by Finance Act 2020 (c. 14), s. 9