SolvedSection 6 | Appropriate percentage for cars: subsequent tax years
From legislation.gov.uk
(1)Chapter 6 of Part 3 of ITEPA 2003 (taxable benefits: cars, vans etc), as amended by section 5, is amended as follows.
(2)In section 139 of ITEPA 2003, in subsection (1), for the table substitute—
| Car | Appropriate percentage |
|---|---|
| Car with CO2 emissions figure of 0 | 9% |
| Car with CO2 emissions figure of 1–50 | 19% |
| Car with CO2 emissions figure of 51–54 | 20% |
| Car with CO2 emissions figure of 55–59 | 21% |
| Car with CO2 emissions figure of 60–64 | 22% |
| Car with CO2 emissions figure of 65–74 | 23% |
.
(3)In subsection (3) of that section—
(a)in paragraph (a), for “22%” substitute “23%”, and
(b)in paragraph (b), for “38%” substitute “39%”.
(4)In section 140 (cars without a CO2 emissions figure: the appropriate percentage), in subsection (2), for the table substitute—
| Cylinder capacity of car in cubic centimetres | Appropriate percentage |
|---|---|
| 1,400 or less | 26% |
| More than 1,4000 but not more than 2,000 | 37% |
| More than 2,000 | 39% |
.
(5)In subsection (3) of section 140—
(a)in paragraph (a), for “7%” substitute “9%”, and
(b)in paragraph (b), for “38%” substitute “39%”.
(6)In section 141 (diesel cars: the appropriate percentage), in subsection (2), in Step 3, for “38%” substitute “39%”.
(7)In section 142 (cars first registered before 1 January 1998: the appropriate percentage), in subsection (2), for the table substitute—
| Cylinder capacity of car in cubic centimetres | Appropriate percentage |
|---|---|
| 1,400 or less | 26% |
| More than 1,4000 but not more than 2,000 | 37% |
| More than 2,000 | 39% |
.
(8)In subsection (3) of section 142, for “38%” substitute “39%”.
(9)The amendments made by this section have effect for the tax year 2029-30 and subsequent tax years.