1
This Order may be cited as the Income Tax (Cash Equivalents of Car Fuel Benefits) Order 2001 and shall come into force on 6th April 2001.
2
In section 158 of the Income and Corporation Taxes Act 1988 (car fuel) for the Tables in subsection (2) (tables of cash equivalents)2 there shall be substituted—
TABLE A
Cylinder capacity of car in cubic centimetres
Cash equivalent
1,400 or less …
£1,930
More than 1,400 but not more than 2,000
£2,460
More than 2,000 …
£3,620
TABLE AB
Cylinder capacity of car in cubic centimetres
Cash equivalent
2,000 or less …
£2,460
More than 2,000 …
£3,620
TABLE B
Description of car
Cash equivalent
Any car …
£3,620
Jim DowdGreg PopeTwo of the Lords Commissioners of Her Majesty’s Treasury