Section 8 | Cars: the appropriate percentage for subsequent tax years

(1)ITEPA 2003 is amended as follows.

(2)Section 139 (car with a CO2 figure: the appropriate percentage) is amended as set out in subsections (3) and (4).

(3)In subsection (2)—

(a)in paragraph (a), for “9%” substitute “ 13% ”,

(b)in paragraph (aa), for “13%” substitute “ 16% ”, and

(c)in paragraph (b), for “17%” substitute “ 19% ”.

(4)In subsection (3), for “18%” substitute “ 20% ”.

(5)In section 140(2) (car without a CO2 figure: the appropriate percentage), in the Table—

(a)for “18%” substitute “ 20% ”, and

(b)for “29%” substitute “ 31% ”.

(6)In section 142(2) (car first registered before 1 January 1998: the appropriate percentage), in the Table—

(a)for “18%” substitute “ 20% ”, and

(b)for “29%” substitute “ 31% ”.

(7)The amendments made by this section have effect for the tax year 2018-19 and subsequent tax years.