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

Chapter 6U.K.Taxable benefits: cars, vans and related benefits

Modifications etc. (not altering text)

C1Pt. 3 Ch. 6 modified (6.4.2020 for the tax year 2020-21) by Finance Act 2020 (c. 14), s. 9

C2Pt. 3 Ch. 6 modified (6.4.2021 for the tax year 2021-22) by Finance Act 2020 (c. 14), s. 10

OrdersU.K.

170Orders etc. relating to this ChapterU.K.

(1)The Treasury may by order substitute a greater amount for that for the time being specified in—

F1(a). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(b)section 126(3)(d) (car: minimum price of later accessory),

(c)section 132(3)(b) (car: maximum contributions deduction),

[F2(ca)section 132A(5)(b) (corresponding provision with respect to optional remuneration arrangements),]

(d)section 147(1)(b) (classic car: minimum value), F3...

(e)section 147(7)(b) (classic car: maximum contributions deduction) [F4, or

(f)section 147A(1)(b) (classic car: minimum value: optional remuneration arrangements).]

[F5(1A)The Treasury may by order substitute a different amount for the amount for the time being specified in—

(a)section 155(1A) (cash equivalent where van subject only to restricted private use by employee),

(b)section 155(1B)(a) (cash equivalent for zero-emission van [F6in tax years 2015-16 to 2020-21]), F7...

[F8(ba)section 155(1B)(aa) (cash equivalent for zero-emissions vans in tax year 2021-22 and subsequent tax years), and]

(c)section 155(1B)(b) (cash equivalent in other cases).]

(2)An order under subsection (1) [F9or (1A)] must specify the tax years to which it applies.

F10(2A). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F11(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(4)The Treasury may by regulations provide for the value of the appropriate percentage as determined under sections 139 to 141 to be reduced—

(a)by such amount,

(b)in such circumstances, and

(c)subject to such conditions,

as may be prescribed in the regulations.

(5)The Treasury may by order substitute a different amount for that specified in section 150(1) (car fuel: cash equivalent) [F12or section 161(b) (van fuel: cash equivalent)].

(6)An order under subsection (5) must specify the tax years to which it applies, being tax years beginning after that in which it is made.

Textual Amendments

F1S. 170(1)(a) omitted (with effect for the tax year 2011-12 and subsequent tax years in accordance with Sch. 28 para. 10(2) of the amending Act) by virtue of Finance Act 2009 (c. 10), Sch. 28 para. 5

F2S. 170(1)(ca) inserted (with effect in accordance with Sch. 2 para. 62 of the amending Act) by Finance Act 2017 (c. 10), Sch. 2 para. 41(a)

F3Word in s. 170(1)(d) omitted (with effect in accordance with Sch. 2 para. 62 of the amending Act) by virtue of Finance Act 2017 (c. 10), Sch. 2 para. 41(b)

F4S. 170(1)(f) and word inserted (with effect in accordance with Sch. 2 para. 62 of the amending Act) by Finance Act 2017 (c. 10), Sch. 2 para. 41(c)

F5S. 170(1A) substituted (for tax year 2015-16 and subsequent tax years) by Finance Act 2015 (c. 11), s. 10(6)(8)

F6Words in s. 170(1A)(b) inserted (10.6.2021) by Finance Act 2021 (c. 26), s. 23(4)(a)

F7Word in s. 170(1A)(b) omitted (10.6.2021) by virtue of Finance Act 2021 (c. 26), s. 23(4)(b)

F9Words in s. 170(2) inserted (with effect for the year 2005-06 and subsequent years of assessment in accordance with s. 80(2) of the amending Act) by Finance Act 2004 (c. 12), Sch. 14 para. 7(3)

F10S. 170(2A) omitted (with effect for the tax year 2012-13 and subsequent tax years in accordance with s. 59(5) of the amending Act) by virtue of Finance Act 2010 (c. 13), s. 59(3)(a)

F11S. 170(3) omitted (for tax year 2020-21 and subsequent tax years) by virtue of Finance (No. 2) Act 2017 (c. 32), s. 2(5)(6)

F12Words in s. 170(5) inserted (with effect for the year 2005-06 and subsequent years of assessment in accordance with s. 80(2) of the amending Act) by Finance Act 2004 (c. 12), Sch. 14 para. 7(4)