# Finance Act 2014, Section 25: Cars and vans: payments for private use


(1) In section 144 of ITEPA 2003 (deduction for payments for private use: cars), for subsection (1)(b) substitute—
“(b) pays that amount in that year.”
(2) In section 158 of that Act (reduction for payments for private use: vans), for subsection (1)(b) substitute—
“(b) pays that amount in that year.”
(3) The amendments made by this section have effect for the tax year 2014-15 and subsequent tax years.

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Source: https://www.legislation.gov.uk/ukpga/2014/26/section/25 (the official version)
Page: https://openlegislation.uk/finance-act-2014/section-25
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.