SCHEDULES

F1F1SCHEDULE 6

Annotations:
Amendments (Textual)
F1

Schs. 6, 6A, 7, 7A repealed (6.4.2003 with effect in accordance with s. 723(1) of the repealing Act) by Income Tax (Earnings and Pensions) Act 2003 (c. 1), Sch. 6 paras. 110, 111, Sch 8 Pt. 1 (with Sch. 7)

F2Reduction for periods when car unavailable

Annotations:
Amendments (Textual)
F2

Sch. 6 substituted (27.7.1993 with effect for the year 1994-95 and subsequent years of assessment) by 1993 c. 34, s. 72, Sch. 3 paras.5, 7

F36

Subject to paragraph 7 below, where for any part of the year concerned the car is unavailable, the cash equivalent of the benefit is the amount ascertained under the preceding provisions of this Schedule F4 multiplied by the fraction—

ABmath

where—

A is the number of days in the year on which the car is available; and

B is the number of days in the year.