{
  "url": "https://openlegislation.uk/finance-act-2026/section-81",
  "json_url": "https://openlegislation.uk/finance-act-2026/section-81.json",
  "legislation": "ukpga/2026/11",
  "legislation_title": "Finance Act 2026",
  "legislation_url": "https://openlegislation.uk/finance-act-2026",
  "path": "section/81",
  "kind": "section",
  "number": "81",
  "heading": "Insurance premium tax relief limited to adapted vehicles",
  "text": "(1) In Schedule 7A to FA 1994 (insurance premium tax: contracts that are not taxable), for paragraph 3 (and the italic heading before it) substitute—\n“Contracts relating to motor vehicles let on relevant benefit terms\n3 (1) A contract falls within this paragraph if it relates only to a motor vehicle and—\n(a) the vehicle is let on hire on relevant benefit terms to a person, and\n(b) the supply of the vehicle to that person is zero-rated for the purposes of the Value Added Tax Act 1994 as a result of it being a supply falling within—\n(i) paragraph (f) in item 2 in Group 12 in Schedule 8 to that Act, or\n(ii) item 2A in that Group.\n(2) “Relevant benefit terms” is to be construed in accordance with paragraph (2) of item 15 in Group 12 in Schedule 8 to the Value Added Tax Act 1994 (zero-rating).”\n(2) The amendment made by this section has effect in relation to contracts relating to leases of motor vehicles where the lease commences on or after—\n(a) 1 July 2026, or\n(b) such later date as may be appointed in regulations made (before 1 July 2026) by statutory instrument by the Treasury.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2026/11/section/81",
    "retrieved_at": "2026-10-29T08:42:24.914774+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}