SolvedSection 29 | Car benefits.
From legislation.gov.uk
(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—
Table shown as text
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
Table shown as text
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
Table shown as text
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.