7Cars: the appropriate percentage for 2017-18U.K.
(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 “7%” substitute “ 9% ”,
(b)in paragraph (aa), for “11%” substitute “ 13% ”, and
(c)in paragraph (b), for “15%” substitute “ 17% ”.
(4)In subsection (3), for “16%” substitute “ 18% ”.
(5)In section 140(2) (car without a CO2 figure: the appropriate percentage), in the Table—
(a)for “16%” substitute “ 18% ”, and
(b)for “27%” substitute “ 29% ”.
(6)In section 142(2) (car first registered before 1 January 1998: the appropriate percentage), in the Table—
(a)for “16%” substitute “ 18% ”, and
(b)for “27%” substitute “ 29% ”.
(7)The amendments made by this section have effect for the tax year 2017-18.