Income Tax (Earnings and Pensions) Act 2003

[F1141Diesel cars: the appropriate percentageU.K.
This section has no associated Explanatory Notes

(1)This section applies to a diesel car first registered on or after 1st January 1998.

(2)To determine the appropriate percentage for such a car for a year—

Step 1

Determine whether the car is a car with a CO2 emissions figure or a car without a CO2 emissions figure (see section 134).

Step 2

Take what would be the appropriate percentage for the car for the year under section 139 or 140 as appropriate.

Step 3

The appropriate percentage for the car for the year is whichever is the smaller of—

(a)the figure resulting from the addition of 3 percentage points to the figure found under step 2, and

(b)35%.

(3)In this section “diesel car” means a car which is propelled solely by diesel.

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

Textual Amendments

F1S. 141 omitted (for tax year 2016-17 and subsequent tax years) by virtue of Finance Act 2014 (c. 26), s. 24(11)(17) (which affecting provision is repealed (for tax year 2016-17 and subsequent tax years) and the amendment is treated as not enacted by virtue of Finance Act 2016 (c. 24), s. 10)

Modifications etc. (not altering text)