Section 25 | Cars and vans: payments for private use

(1)In section 144 of ITEPA 2003 (deduction for payments for private use: cars), for subsection (1)(b) substitute—

(b)pays that amount in that year.

(2)In section 158 of that Act (reduction for payments for private use: vans), for subsection (1)(b) substitute—

(b)pays that amount in that year.

(3)The amendments made by this section have effect for the tax year 2014-15 and subsequent tax years.