Section 22 Car benefits.

(1)

In Schedule 6 to the Taxes Act 1988 (taxation of directors and others in respect of cars) for Part I (tables of flat rate cash equivalents) there shall be substituted—

Part I
Tables of Flat Rate Cash Equivalents
Table A
Cars with an original market value up to £19,250 and having a cylinder capacity
Cylinder capacity of car in cubic centimetres Age of car at end of relevant year of assessment
Under 4 years 4 years or more
1400 or less £1,700 £1,150
More than 1400 but not more than 2000 £2,200 £1,500
More than 2000 £3,550 £2,350
Table B
Cars with an original market value up to £19,250 and not having a cylinder capacity
Original market value of car Age of car at end of relevant year of assessment
Under 4 years 4 years or more
Less than £6,000 £1,700 £1,150
£6,000 or more but less than £8,500 £2,200 £1,500
£8,500 or more but not more than £19,250 £3,550 £2,350
Table C
Cars with an original market value of more than £19,250
(2) This section shall have effect for the year 1990-91 and subsequent years of assessment.
Original market value of car Age of car at end of relevant year of assessment
Under 4 years 4 years or more
More than £19,250 but not more than £29,000 £4,600 £3,100
More than £29,000 £7,400 £4,900

Cylinder capacity of car in cubic centimetres	Age of car at end of relevant year of assessment
	Under 4 years	4 years or more
1400 or less	£1,700	£1,150
More than 1400 but not more than 2000	£2,200	£1,500
More than 2000	£3,550	£2,350

Original market value of car	Age of car at end of relevant year of assessment
	Under 4 years	4 years or more
Less than £6,000	£1,700	£1,150
£6,000 or more but less than £8,500	£2,200	£1,500
£8,500 or more but not more than £19,250	£3,550	£2,350

Original market value of car	Age of car at end of relevant year of assessment
(2) This section shall have effect for the year 1990-91 and subsequent years of assessment.
	Under 4 years	4 years or more
More than £19,250 but not more than £29,000	£4,600	£3,100
More than £29,000	£7,400	£4,900