Part 3Employment income: earnings and benefits etc. treated as earnings

Chapter 6Taxable benefits: cars, vans and related benefits

Cars: appropriate percentage: first registered on or after 1st January 1998

140Car without a CO2 emissions figure: the appropriate percentage

(1)

The appropriate percentage for a year for a car without a CO2 emissions figure is determined under this section.

(2)

If the car has an internal combustion engine with one or more reciprocating pistons, the appropriate percentage for the year is—

Table

Cylinder capacity of car in cubic centimetres

Appropriate percentage

1,400 or less

F118%F220%F324%

More than 1,400 but not more than 2,000

F429%F531%F635%

More than 2,000

F737%

For this purpose a car’s cylinder capacity is the capacity of its engine as calculated for the purposes of VERA 1994.

(3)

If subsection (2) does not apply, the appropriate percentage for the year is—

F8F9(a)

F109% F1113% F1216% F132% if the car cannot in any circumstances emit CO2 by being driven, and

(b)

F1437% in any other case.

F15(3A)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F16(4)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(5)

This section is subject to—

(a)

section 141 (diesel cars), and

(b)

any regulations made by the Treasury under section 170(4) (power to reduce the appropriate percentage).