Commencement Information
I1Chapter I partly in force at 4.5.1988 due to retrospective effect of s. 74(5)
(1)In Schedule 6 to the Taxes Act 1988 (taxation of directors and others in respect of cars) for Part I (tables of flat rate cash equivalents) there shall be substituted—
| Cylinder capacity of car in cubic centimetres | Age of car at end of relevant year of assessment | |
|---|---|---|
| Under 4 years | 4 years or more | |
| 1400 or less | £2,050 | £1,400 |
| More than 1400 but not more than 2000 | £2,650 | £1,800 |
| More than 2000 | £4,250 | £2,850 |
| Original market vaue of car | Age of car at end of relevant year of assessment | |
|---|---|---|
| Under 4 years | 4 years or more | |
| Less than £6,000 | £2,050 | £1,400 |
| £6,000 or more but less than £8,500 | £2,650 | £1,800 |
| £8,500 or more but not more than £19,250 | £4,250 | £2,850 |
| Original market value of car | Age of car at end of relevant year of assessment | |
|---|---|---|
| Under 4 years | 4 years or more | |
| More than £19,250 but not more than £29,000 | £5,500 | £3,700 |
| More than £29,000 | £8,900 | £5,900” |
(2)This section shall have effect for the year 1991-92 and subsequent years of assessment.
Textual Amendments
F1S. 30 repealed (27.7.1999 with effect as mentioned in Sch. 20 Pt. III(9) Note of the amending Act) by 1999 c. 16, s. 139, Sch. 20 Pt. III(9) Note
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