Article 2 Amendment of the Capital Allowances Act 2001 (Cars Emissions) Order 2016

The Capital Allowances Act 2001 (Cars Emissions) Order 2016^f1 is amended as follows.

Article 2 is renumbered as paragraph (1) of that article.

After paragraph (1) as so renumbered, insert—

“(2)

This article is subject to article 7 (savings).”

After article 6, insert—

“Savings

7.

(1)

In relation to expenditure incurred on the hiring of a car—

(a)

for a period of hire which begins before the relevant date, and

(b)

under a contract entered into before that date,

section 49(1A) (car hire: supplementary) of the Income Tax (Trading and Other Income) Act 2005^f2 and section 57(1A) (car hire: supplementary) of the Corporation Tax Act 2009^f3 apply as if the amendment made by article 5 did not have effect.

(2)

“The relevant date” means—

(a)

in the case of income tax, 6th April 2018, and

(b)

in the case of corporation tax, 1st April 2018.”.