133How to determine the “appropriate percentage”U.K.
(1)The “appropriate percentage” for a car for a year depends upon when the car was first registered.
(2)If the car was first registered on or after 1st January 1998, the “appropriate percentage” depends upon whether the car—
(a)is a car with a CO2 emissions figure (see section 134(1)), [F1or]
(b)is a car without a CO2 emissions figure (see section 134(2)), F2...
F2(c). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
and is determined under sections 139 [F3and 140].
(3)If the car was first registered before 1st January 1998, the “appropriate percentage” is determined under section 142.
Textual Amendments
F1Word in s. 133(2)(a) inserted (with effect in accordance with s. 24(17) of the amending Act) by Finance Act 2014 (c. 26), s. 24(2)(a)
F2S. 133(2)(c) and word omitted (with effect in accordance with s. 24(17) of the amending Act) by virtue of Finance Act 2014 (c. 26), s. 24(2)(b)
F3Words in s. 133(2) substituted (with effect in accordance with s. 24(17) of the amending Act) by Finance Act 2014 (c. 26), s. 24(2)(c)
Modifications etc. (not altering text)
C1Ss. 133-142 applied by S.I. 2001/1123, reg. 2 (as amended (6.4.2008) by The Income Tax (Car Benefits) (Reduction of Value of Appropriate Percentage) (Amendment) Regulations 2007 (S.I. 2007/3068), regs. 1, 3)