PART 1Income tax
Employment income: taxable benefits
9Cars which cannot emit CO2: appropriate percentage for 2017-18 and 2018-19
(1)
In section 140(3)(a) of ITEPA 2003 (car which cannot emit CO2: the appropriate percentage), for “7%” substitute “9%”.
(2)
The amendment made by subsection (1) has effect for the tax year 2017-18.
(3)
In section 140(3)(a) of ITEPA 2003, for “9%” substitute “13%”.
(4)
The amendment made by subsection (3) has effect for the tax year 2018-19.