# The Income Tax (Pay As You Earn) (Amendment No. 2) Regulations 2017, Regulation 5: Amendment of the Income Tax (Pay As You Earn) Regulations 2003


In regulation 61E (method of calculating the cash equivalent of the benefit of a car or van)—
(a) in the heading, after “cash equivalent” insert “or relevant amount in respect”, and
(b) in paragraph (1) for the words “of that benefit” to “(cash equivalent of the benefit)” substitute “or relevant amount is calculated in accordance with section 121, 121A, 154A or 155 of ITEPA”.

---
Source: https://www.legislation.gov.uk/uksi/2017/1263/regulation/5 (the official version)
Page: https://openlegislation.uk/income-tax-pay-as-you-earn-amendment-no-2-regulations-2017/regulation-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.