Section 70 Car benefits: 1993-94.
(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 1,400 or less £2,310 £1,580 More than 1,400 but not more than 2,000 £2,990 £2,030 More than 2,000 £4,800 £3,220 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 £2,310 £1,580 £6,000 or more but less than £8,500 £2,990 £2,030 £8,500 or more but not more than £19,250 £4,800 £3,220 Table C
Cars with an original market value of more than £19,250
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 £6,210 £4,180 More than £29,000 £10,040 £6,660 ”
(2)
This section shall have effect for the year 1993-94.