70Car benefits: 1993-94
(1)In Schedule 6 to the Taxes Act 1988 (taxation of directors and others in respect of cars) for Part I (tables of flat rate cash equivalents) there shall be substituted—
“Part ITables of Flat Rate Cash Equivalents
Table A
Cars with an original market value up to £19,250 and having a cylinder capacity
| Cylinder capacity of car in cubic centimetres | Age of car at end of relevant year of assessment |
|---|
| Under 4 years | 4 years or more |
|---|
| 1,400 or less | £2,310 | £1,580 |
| More than 1,400 but not more than 2,000 | £2,990 | £2,030 |
| More than 2,000 | £4,800 | £3,220 |
Table B
Cars with an original market value up to £19,250 and not having a cylinder capacity
| Original market value of car | Age of car at end of relevant year of assessment |
|---|
| Under 4 years | 4 years or more |
|---|
| Less than £6,000 | £2,310 | £1,580 |
| £6,000 or more but less than £8,500 | £2,990 | £2,030 |
| £8,500 or more but not more than £19,250 | £4,800 | £3,220 |
Table C
Cars with an original market value of more than £19,250
| Original market value of car | Age of car at end of relevant year of assessment |
|---|
| Under 4 years | 4 years or more |
|---|
| More than £19,250 but not more than £29,000 | £6,210 | £4,180 |
| More than £29,000 | £10,040 | £6,660” |
(2)This section shall have effect for the year 1993-94.
