Finance Act 1993

71Car fuel: 1993-94

(1)In section 158 of the Taxes Act 1988 (car fuel) for the Tables in subsection (2) (tables of cash equivalents) there shall be substituted—

TABLE A
Cylinder capacity of car in cubic centimetresCash equivalent
1,400 or less£600
More than 1,400 but not more than 2,000£760
More than 2,000£1,130
TABLE AB
Cylinder capacity of car in cubic centimetresCash equivalent
2,000 or less£550
More than 2,000£710
TABLE B
Original market value of carCash equivalent
Less than £6,000£600
£6,000 or more but less than £8,500£760
£8,500 or more£1,130

(2)In subsection (5) of that section (reductions in cash equivalents) the words “or 3” shall be omitted.

(3)This section shall have effect for the year 1993-94.