SCHEDULES
SCHEDULE 2Optional remuneration arrangements
Benefits in kind: amount treated as earnings
28
1
Section 143 (deduction for periods when car unavailable) is amended as follows.
2
Before subsection (1) insert—
A1
This section has effect for the purposes of—
a
section 121(1) (method of calculating the cash equivalent of the benefit of a car), and
b
section 121B(1) (optional remuneration arrangements: meaning of “modified cash equivalent”).
3
In subsection (1), after “121(1)” insert “
or (as the case may be) step 4 of section 121B(1)
”
.
4
In subsection (3), in the definition of “A”, at the end insert “
of section 121(1) or (as the case may be) step 4 of section 121B(1)
”
.