Part 3

Employment income: earnings and benefits etc. treated as earnings
Chapter 6

Taxable benefits: cars, vans and related benefits

Cars: treatment of accessories

Accessory: published price of the car manufacturer etc.
128
1
In this Chapter the “published price of the manufacturer, importer or distributor of the car” in relation to an accessory means the price published by the car’s manufacturer, importer or distributor (as the case may be) as the inclusive price appropriate for an equivalent accessory if sold with a car of the same kind—
a
in the United Kingdom,
b
singly,
c
in a retail sale,
d
in the open market, and
e
on the day immediately before the date of the car’s first registration.
2
The “inclusive price” means the price inclusive of—
a
any charge for delivery by the manufacturer, importer or distributor to the seller’s place of business,
b
any relevant taxes other than car tax (see section 171(1)), and
c
any charge for fitting the accessory.
Ss. 127-130 applied (with modifications) by 1994 c. 22, s. 1GF(3)(4) (as inserted (18.11.2015) by Finance (No. 2) Act 2015 (c. 33), s. 46(2)(c))
Pt. 3 Ch. 6 modified (6.4.2021 for the tax year 2021-22) by Finance Act 2020 (c. 14), s. 10
Pt. 3 Ch. 6 modified (6.4.2020 for the tax year 2020-21) by Finance Act 2020 (c. 14), s. 9