Section 10 | Determining the appropriate percentage for a car: tax year 2021-22 only

From legislation.gov.uk

(1)For the tax year 2021-22, Chapter 6 of Part 3 of ITEPA 2003 (taxable benefits: cars etc) has effect with the following modifications.

(2)In section 139 (car with a CO2 emissions figure: the appropriate percentage)—

(a)in the table in subsection (1), in the second column of the entry for a car with a CO2 emissions figure of 0, for “2%” substitute “ 1% ”, and

(b)in subsection (7) before paragraph (a) insert—

(za)section 139A (recently registered cars),

(3)After section 139 insert—

139ASection 139: recently registered car with CO2 emissions figure

(a)for the table in subsection (1) there were substituted—

Table shown as text

Car Appropriate percentage Car with CO2 emissions figure of 0 1% Car with CO2 emissions figure of 1 - 50 Car with electric range figure of 130 or more 1% Car with electric range figure of 70 - 129 4% Car with electric range figure of 40 - 69 7% Car with electric range figure of 30 - 39 11% Car with electric range figure of less than 30 13% Car with CO2 emissions figure of 51 - 54 14% Car with CO2 emissions figure of 55 - 59 15% Car with CO2 emissions figure of 60 - 64 16% Car with CO2 emissions figure of 65 - 69 17% Car with CO2 emissions figure of 70 - 74 18%

(b)in subsection (3)(a) for “20%” there were substituted “ 19% ”.

(4)In section 140 (car without a CO2 emissions figure: the appropriate percentage) in subsection (3)(a) for “2%” substitute “ 1% ”.