PART 1Income tax, corporation tax and capital gains tax
Employment income and social security income
10Determining the appropriate percentage for a car: tax year 2021-22 only
1
For the tax year 2021-22, Chapter 6 of Part 3 of ITEPA 2003 (taxable benefits: cars etc) has effect with the following modifications.
2
In section 139 (car with a CO2 emissions figure: the appropriate percentage)—
a
in the table in subsection (1), in the second column of the entry for a car with a CO2 emissions figure of 0, for “2%” substitute “
1%
”
, and
b
in subsection (7) before paragraph (a) insert—
za
section 139A (recently registered cars),
3
After section 139 insert—
139ASection 139: recently registered car with CO2 emissions figure
In its application in relation to a car that is first registered on or after 6 April 2020, section 139 has effect as if—
a
for the table in subsection (1) there were substituted—
Car
Appropriate percentage
Car with CO2 emissions figure of 0
1%
Car with CO2 emissions figure of 1 - 50
Car with electric range figure of 130 or more
1%
Car with electric range figure of 70 - 129
4%
Car with electric range figure of 40 - 69
7%
Car with electric range figure of 30 - 39
11%
Car with electric range figure of less than 30
13%
Car with CO2 emissions figure of 51 - 54
14%
Car with CO2 emissions figure of 55 - 59
15%
Car with CO2 emissions figure of 60 - 64
16%
Car with CO2 emissions figure of 65 - 69
17%
Car with CO2 emissions figure of 70 - 74
18%
b
in subsection (3)(a) for “20%” there were substituted
“ 19% ”.
4
In section 140 (car without a CO2 emissions figure: the appropriate percentage) in subsection (3)(a) for “2%” substitute “
1%
”
.