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Legislation
Finance Act 1993

Crossheading Benefits in kind

  • Section 70 Car benefits: 1993-94.
  • Section 71 Car fuel: 1993-94.
  • Section 72 Car and car fuel benefits: 1994-95 onwards.
  • Section 73 Vans.
  • Section 74 Heavier commercial vehicles.
  • Section 75 Sporting and recreational facilities.
  • Section 76 Removal expenses and benefits.
  1. Benefits in kind
  2. Car benefits: 1993-94.

Section 70 | Car benefits: 1993-94.

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 A Cars with an original market value up to £19,250 and having a cylinder capacity — 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 1,400 or less £2,310 £1,580 More than 1,400 but not more than 2,000 £2,990 £2,030 More than 2,000 £4,800 £3,220

Table B Cars with an original market value up to £19,250 and not having a cylinder capacity — 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 Less than £6,000 £2,310 £1,580 £6,000 or more but less than £8,500 £2,990 £2,030 £8,500 or more but not more than £19,250 £4,800 £3,220

Table C Cars with an original market value of more than £19,250 — 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 £6,210 £4,180 More than £29,000 £10,040 £6,660

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

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