Part 2Income tax, corporation tax and capital gains tax_general
Employment matters
47Company cars: lower threshold for CO2 emissions figure
1
In section 139(4) of ITEPA 2003 (car with a CO2emissions figure: the appropriate percentage), for the table substitute—
Tax year
Lower threshold (in g/km)
2008-09 or 2009-10
135
2010-11 and subsequent tax years
130
2
In consequence of the amendment made by subsection (1), omit—
a
in FA 2003, section 138(3), and
b
in FA 2006, section 59(6).
3
The amendments made by this section have effect for the tax year 2008-09 and subsequent tax years.